Norway''s Morrow Nears Battery-Cell Output After
The Arendal, Norway-based company is targeting batteries for energy storage systems and heavy machinery, rather than electric cars.
This article will introduce the top 10 battery manufacturers in Norway, such as Morrow, FREYR Battery, and TECO 2030.These companies have made significant achievements in technological innovation, sustainable production, and international cooperation, contributing not only to the Norwegian economy, but also to the global green transition.
Electric cars now account for 79 per cent of new cars sold in Norway, and the MS Medstraum was recently launched as the world's first electric fast ferry. In a global report on lithium-ion batteries, Norway ranked first in sustainability. These are impressive records. Even so, stationary energy storage is beginning to steal the limelight.
With long lead times, high borrowing costs have wreaked havoc on the fledgling industry. About 300 gigawatt-hours of planned battery production capacity in Europe and North America risks being delayed, with companies taking a “more reserved approach to expansion,” according to BloombergNEF.
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