T1 Energy gets Norway rezoning approval for data center project
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T1 Giga Arctic Approved for Data Center Development
August 27, 2026 9:08 AM EDTAUSTIN, Texas and NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (T1, T1 Energy, or the Company) today announced that local officials in Mo i Rana, Norway, have rezoned a portion of the company's Giga Arctic campus, allowing for the development of a data center. T1 is pursuing multiple pathways to monetize this brownfield facility as part of a value optimization initiative.
T1 expects that a 50 MW data center could be operational in 2027, with a pathway to expansion. T1 has a position in the grid capacity queue for a total of 396 MW. T1 believes the... More
