FREYR Battery Expands with Trina Solar Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
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Source: Business Insider
FREYR Battery Acquisition: FREYR Battery has acquired Trina Solar’s U.S. manufacturing assets, including a 5 GW solar module facility in Texas, which is expected to create up to 1,800 jobs and enhance its position in the renewable energy sector.
Company Overview: FREYR Battery focuses on developing an integrated supply chain for solar and battery storage solutions in the U.S., with a current market cap of $425.7 million and a year-to-date price performance of 62.03%.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
