Freyr Battery has announced a conditional offtake agreement with Impact Clean Power Technology, a manufacturer of battery systems for transportation, industry and stationary energy storage for renewable energy sources, traditional power generation, rail, and telecommunications. Under the terms of the agreement, Freyr will supply 10 – 14 GWh of clean, next-generation battery cells based on the 24M Technologies, SemiSolid platform to Impact from 2025 – 2030. Freyr intends to supply Impact with clean battery solutions based on the same battery cell architecture as the ESS products that will be produced at its Giga Arctic battery production facility in Mo i Rana, Norway. The LFP cells will be integrated into Impact’s E-Mobility products for use in commercial vehicles as well as other applications. The contract between Freyr and Impact covers the period until 2030, with potential for further extension. This framework agreement is non-binding and the orders will be carried out in accordance with the needs of Impact and may reach a value of $1.8B based on BNEF’s recent 2025 lithium price estimates and other conditions
Published first on TheFly
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