FREYR Battery Coweta GA
Norway-based FREYR's first US gigafactory. 34 GWh planned; 723 jobs. State incentive $358M. 24M SemiSolid platform. Project later abandoned January 2025 — but 2022 announcement was a major IRA-era commitment.
$2.57B
Deal Value
Battery Storage
Technology
GA
Location
Deal Details
- Deal Type
- Manufacturing Investment
- Seller / Sponsor
- FREYR Battery
- Buyer / Financier
- FREYR Battery
- Deal Value
- $2.57B (initial $1.7B)
- Stage
- Construction
- ISO/RTO
- Multiple
- Source
- Georgia.gov
Related Deals
FREYR Battery — Norwegian battery cell developer targeting 43 GWh by 2025 (Mo i Rana, Norway gigafactory)
FREYR Battery (Norway) → Alussa Energy Acquisition Corp.
$1.4B (pro forma equity)
Georgia Power Wadley Battery Energy Storage System — 260 MW / 1,000 MWh, Jefferson County, Georgia
Georgia Power (Southern Company)
Hyundai + SK On Bartow GA EV Battery
Hyundai Motor Group + SK On (50/50 JV) → Hyundai Motor Group + SK On (50/50 JV)
$4-5B
Hyundai Motor Group Metaplant America (HMGMA) — first fully dedicated EV+battery US manufacturing facility, Bryan County GA
Hyundai Motor Group → Hyundai + suppliers (~$1B additional)
$5.54B (+ ~$1B from suppliers)
Aspen Aerogels Bulloch GA — PyroThin Battery Thermal
Aspen Aerogels → Aspen Aerogels
$325M
Solar Landscape distributed/community solar warehouse facility — anchors 146 MW community solar portfolio across New Jersey, Illinois, Maryland, and Minnesota
Solar Landscape → First Citizens Bank
$600M
Get deals like this in your inbox
Free weekly clean energy deal intelligence. Every Monday.