FREYR Battery Announces New Name and Logo

REYR Battery has unveiled a strategic rebranding of the company as “T1 Energy” (“T1”).

The brand update encompasses a new company name, corporate logo, a fresh visual identity, and a ticker symbol change to “TE” on the New York Stock Exchange.

The clean-energy company, located in Austin, Texas, is said to be among the top solar manufacturers in the U.S.

In 2023, it shifted its headquarters from Norway to Coweta County, Georgia, marking its evolution from a European battery company to a U.S. solar firm.

“The rebirth of our company as T1 Energy is about American energy, jobs, and advanced manufacturing. The U.S. needs domestic supply chains and manufacturing capacity to harness its abundant solar resources. T1 is committed to building that capacity,” says Daniel Barcelo, T1’s chairman of the board and CEO.

Adding: “More than 80% of new U.S. electricity capacity in 2024 was solar and batteries. T1 plans to lead in the solar and battery markets by enabling the growth in energy supply required to support AI, data centers, reshoring, and electrification – to restore American industrial capacity and leadership in future advanced industries.”

T1’s solar module production facility located in Wilmer, Texas, renamed “G1 Dallas”, currently employs over 1,000 people.

Plans are also underway by the company to establish an additional solar cell manufacturing facility, to be named “G2”.

Source: T1