Freyr has completed the acquisition of Chinese firm Trina Solar’s Texas solar manufacturing assets, completing its transition from a European battery company to a US solar one.

Freyr announced on 24 December that it had closed its acquisition of Trina Solar’s 5GW solar module manufacturing facility in Wilmer, Texas.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual

View all benefits & pricing

Or continue reading this article for free

Both PV Tech and Energy-Storage.news covered the US$340 million purchase announcement in November, at the same time that Donald Trump was declared to have won the presidential election.

At the time, Michael Parr, CEO of trade body The Ultra Low Carbon Solar Alliance, wrote on LinkedIn, “Looks like Trina is taking the risk of Congress cutting off access to the 45X manufacturing tax credit for Chinese companies seriously.”

For Freyr, the deal gives it an operational platform in the US clean energy industry after struggles to launch battery production in Europe. Battery manufacturing in Europe and the US has been the company’s focus since being founded in 2021 but it has faced major challenges, as previously covered on this site (Premium access article), and the European battery project now looks all but over.

Read the full version of this story on Energy.Storage-news.

UPCOMING EVENT

PV ModuleTech USA 2025

17 June 2025

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

UPCOMING EVENT

PV CellTech USA 2025

7 October 2025

San Francisco Bay Area, USA

PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

UPCOMING EVENT

Solar & Storage Finance USA 2025

21 October 2025

New York, USA

Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.

UPCOMING EVENT

PV CellTech Europe 2026

10 March 2026

Frankfurt, Germany

The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.