↗ https://reddit.com/r/wallstreetbets/comments/1ik4wrh/26_billion_factory_in_newnan_ga_cancelled_by/
Freyr Battery officials informed the Georgia Coweta County Development Authority late last month that the company will not move forward with its planned $2.6 billion factory in Newnan GA, roughly 40 miles southwest of downtown Atlanta. The [Norwegian company](https://www.freyrbattery.com/) planned to build battery energy storage systems — essentially massive battery complexes — to store electricity from solar arrays and other renewables.