Battery cells supplier FREYR Battery is launching a $2.57 billion project to open a new manufacturing plant in Coweta County, GA to support the country’s ongoing transition to cleaner forms of energy.

“At FREYR, we are deeply committed to the ambition we share with our US partners to decarbonize the transportation and energy sectors,” the company’s CEO and co-founder, Tom Einar Jensen, said in a release. “As we advance our US expansion plan in coordination with our key stakeholders, we expect to make meaningful investments to spur job creation and the eventual development of localized, decarbonized supply chains in the US to enhance energy security and economic activity.”

The company selected a site at the Bridgeport Industrial Park for the plant. Once operational, the site will be known as “Giga America.” FREYR will utilize the US-based 24M Technologies SemiSolidTM platform to boost the efficiency of its production process.

723 new jobs will be created over the next seven years, including roles in engineering, operations, and administration.  Battery cells made at the location will be used in stationery energy storage (ESS), electric mobility, and other applications.