Morrow opens first battery factory in Southern Norway as part of green transition plan

Morrow has officially opened its battery factory in Southern Norway, marking it as the first of its kind in the country. Prime Minister Jonas Gahr Støre attended the inauguration, emphasizing Morrow’s critical role in Norway’s green transition. The factory aims to produce up to 2 million battery cells annually, with potential applications in electric vehicles. Morrow also plans to construct three additional battery plants in Arendal, which could create around 2,500 jobs. To finance this full-scale expansion, the company estimates a need for approximately 20 billion NOK.

Four years ago, Morrow announced its intention to initiate battery production in Southern Norway. Construction began two years ago, with Støre visiting Arendal at that time. During the factory’s official opening, he stated that Morrow has rapidly established itself as a leading battery manufacturer in Europe.

Støre highlighted the growing global demand for batteries, stressing the importance of storage solutions for renewable energy. He expressed confidence in Norway’s support frameworks for such industrial ventures but underscored the necessity for private investors to step up as primary stakeholders.

The factory spans 33,000 square meters, and CEO Lars Christian Bacher expressed pride in its inauguration, acknowledging the efforts of many who contributed to its establishment. He emphasized the necessity of batteries in conjunction with increased renewable energy production from solar and wind sources, as building an extensive grid for energy transportation would be the alternative.

Morrow’s ambitious plans to expand with additional factories underline the company’s commitment to shaping the future of sustainable energy solutions in Norway.