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NYSE-listed firm Freyr has cancelled its plans for a battery manufacturing plant in Georgia, US, following its pivot to becoming a US solar company. A clean energy company is abandoning a plan to build a giant electric battery factory in Atlanta's suburbs after it shifted to buy a solar panel plant in Texas. Freyr Battery told officials in Newnan on Thursday that it wouldn't build a $2.6 billion plant that was supposed to hire more than 700. The Norway-based company scaped the factory plans as it no longer aligns with its U.S. commercial solar strategy. Courtesy of Freyr Battery This audio is auto-generated. Please let us know if you have feedback. Freyr Battery called off plans to build a $2.57 billion battery cell manufacturing plant. NYSE-listed firm Freyr has cancelled its plans for a battery manufacturing plant in Georgia, US, following its pivot to becoming a US solar company. Freyr sent formal notice to the Coweta County Development Authority on 21 January notifying it of its decision to discontinue plans to build a battery. Freyr Battery shifts focus from Georgia to Texas, abandoning its $2.6 billion battery factory project to invest in a solar panel plant. Rising interest rates and competition from cheap Chinese batteries prompted the strategic move. In the ever-evolving landscape of clean energy, the winds of change. Our job is to help get you water, not sell you something that isn't a good fit for you or your well. It's why thousands of American farms & ranches trust RPS. Rather a Friendly Voice? Our famous support team is here to help. It's a QUICK 10 minute phone call! COMPLETE SET UP! RPS supplies the. As the photovoltaic (PV) industry continues to evolve, advancements in Georgia pure battery solar container brand new solar container have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these.