Header image for Pareto Securities’ 28th annual Energy Conference
Profile image for Morrow Batteries

Morrow Batteries Exhibitor

Presentation
Morrow is a Norwegian battery cell manufacturer aiming to develop and produce the world’s most cost-effective and sustainable battery cells for use in both energy storage and mobility applications. The development takes place in Southern Norway, leveraging widely access to low-cost, renewable energy. The company was founded in 2020 and is backed by strong owners such as Agder Energy and Gjelsten Holding.

To accelerate the development and qualify its products for key markets, the company is now in the process of building an industrialisation centre. To fund this, NOK ~230m was recently raised in equity through a private placement. Longer term, the company aims to be one of the leading cell manufacturers in Europe. Initial plans include a 42 GWh gigafactory which is expected to be operational from Q4’24.
Presenting

Virtual

Type of industry

Battery
Renewables

Agenda

Morrow

Wednesday September 15, 2021 12:05 - 12:25 CEST Stream 2 (Physical)

Contact information

Address

Nye Apotekergata 10

0180 Oslo

Norway

Representatives

Profile image for Terje Andersen

Terje Andersen SpeakerExhibitor

CEO
Morrow Batteries