Morrow Batteries ASA (“Morrow”) today announces an agreement with four of its main shareholders on a convertible loan of NOK 567 million, funding the continued development in Southern Norway. The first battery factory is scheduled to open in the first quarter of 2024.
The company is growing fast and the proceeds from the convertible loan will finance the continued build-up of Morrow Batteries’
Morrow Batteries ASA ("Morrow") har inngått en avtale med fire av sine største aksjonærer om et konvertibelt lån på 567 millioner kroner. Dette gir selskapet kapital til å fortsette utviklingen i Arendal som tidligere kommunisert. Første fabrikk åpner i første kvartal 2024.
Selskapet er i en fase med kraftig og rask vekst, og låneprovenyet skal gå til å finansiere den videre oppbyggingen av Mo
Morrow Batteries has announced that its Customer Qualification Line (CQL) in Chungju-si, Korea is now operational.
"We are delighted to announce another milestone for Morrow Batteries. Following the successful development of an A-sample Lithium iron phosphate (LFP) battery cell earlier this year, we will now be able to produce up to 2.000 final format prismatic cells monthly at our production l
Morrow Batteries (Morrow) and Eldrift have agreed to establish a long-term supply of batteries for Eldrift's battery energy storage solutions. This partnership further strengthens Norway's position as a hub for Europe's battery and energy storage industry.
Under the non-binding offtake agreement, Eldrift has committed to purchasing 1.5 GWh of Morrow's batteries starting in 2024, when Morrow sta
Morrow Batteries ASA (Morrow) has successfully developed its first LFP battery cell.
“We are happy to announce that we have produced, certified and delivered A-sample LFP battery cells to select customers. I congratulate the dedicated team on this achievement after lots of hard work”, says Dr. Rahul Fotedar, Morrow’s Chief Technology Officer.
The A-sample is the first step toward commercial
De norske cleantech-selskapene Morrow Batteries ASA (Morrow) og Optimeering AS (Optimeering) skal utvikle en AI-drevet automasjonsprogramvare for å navigere i kraftmarkedet.
For at kraftsystemet skal være stabilt, må det til en hver tid produseres like mye kraft som det forbrukes. I Norge har vi lenge hatt et overskudd av stabil og fleksibel vannkraft. Dette vil endre seg når det
Norwegian cleantech companies Morrow Batteries ASA (Morrow) and Optimeering AS join forces to develop AI-driven automation software for short-term power market operations.
The production must at any time align with the consumption for the power system to be stable. Norway used to have a large surplus of flexible hydropower. The green energy transition will change this as society is in
Morrow Batteries ASA (Morrow) har inngått en transport- og logistikkavtale med Rhenus Norway AS for levering av produksjonsutstyr til sin batterifabrikk. Dermed er batterivirksomheten i Arendal Havn offisielt i gang.
- Med denne samarbeidsavtalen får vi en fremoverlent agent med på laget. For å løse dette krevende logistikkprosjektet har Rhenus Norway laget en skreddersømløsning med sjøtranspo
Morrow Batteries ASA (Morrow) has signed a logistics services agreement with Rhenus Norway AS for delivery of production equipment for its battery cell factory, marking the starting point for Morrow’s operations through the Eydehavn Port of Arendal.
“We are teaming up with an innovative and flexible agent. Rhenus Norway has developed a solution combining sea freight, integrated European lo
Morrow Batteries ASA (Morrow) has signed a Joint Development Agreement with Compular for the computational screening of novel electrolyte formulations for the next generation of high-voltage batteries. Based on Compular's algorithm and Morrow's LNMO-based large format batteries this partnership will accelerate the development of cobalt-free high-voltage batteries.
Morrow is working to develop a
Morrow Batteries is pleased to announce that it has appointed Dr. Stina Torjesen as the new Director of Sustainability.
“We are very pleased that Stina Torjesen will join the fast-growing Morrow team. She brings in-depth insights from the European and Global battery industries, combined with a decade long sustainability experience on a strategic level. Stina will be instrumental as we move tow
Morrow Batteries har utnevnt Stina Torjesen som ny bærekraftsdirektør.
– Vi er svært glade for at Stina Torjesen blir med på det raskt-voksende Morrow-teamet som ny bærekraftsdirektør. Hun tar med seg dyp innsikt fra den europeiske og globale batteriindustiren og mangeårig erfaring med bærekraftsrelatert arbeid. Hun blir sentral i vårt arbeid for ny batteriteknologi, sier konsernsjef Lars Chri