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The European Battery Alliance and EIT InnoEnergy launch the Business Investment Platform

Co-designed by industrial players and public and private financial institutions, the BIP accelerates transactions in the European battery value chain. Today at the 6th EBA250 stakeholder meeting, EIT InnoEnergy has launched the online Business Investment Platform (BIP) for the battery value chain, to accelerate transactions between investee and investor. Designed to bridge the gap between […]

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Cobalt, nickel, other battery metals face supply crunch by 2020s

Battery minerals will become “the new oil” as electrification of the transport sector is accelerating. This highlights the importance of domestic mineral resources for Europe. The European Battery Alliance encourages the development of a complete value chain for batteries including mining, cell production and recycling. Coupled with sustainability targets, this will ensure that both a

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EBA250 summer update

A lot has been achieved since the official launch of EBA250 in October 2017. The EBA250 network has developed into the meeting point for the industrial, R&I and financial stakeholders of the growing European battery ecosystem. As reference, in the 4th report on the State of the Energy Union April 2019, the European Commission acknowledges

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FREYR secures €7.25 million investment from EIT InnoEnergy to build a 32 GWh battery cell production facility in Norway

FREYR AS, a Norwegian incorporated company, is backed by a multi-million investment from EIT InnoEnergy to build a 32 GWh battery cell production facility in Rana municipality, Norway. EIT InnoEnergy’s investment will enable FREYR to complement the emerging Norwegian battery ecosystem, together with previously announced partners SINTEF – one of the largest independent research organisations in

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