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EIA - FREYR Battery inks two MoU for scaling of battery cell technology and production in Finland
Eaton Vance California Municipal Bond Fund II of Beneficial Interest $.01 par value
To tap low-cost renewable energy, local supply of battery raw materials and highly skilled employees, FREYR Battery (NYSE:FREY) has entered into two non-binding memoranda of understanding with Finnish Minerals Group and the City of Vaasa for strategic collaborations on potential development of industrial scale battery cell technology and production in Finland. FREYR plans to develop up to 43 GWh of battery cell production capacity by 2025 with an ambition of up to 83 GWh in total capacity by 2028. Shares down 5.6% premarket.