[Freyr plans to build €1.6 billion gigafactory near the Arctic Circle]Norwegian battery maker Freyr plans to build a €1.6 billion Arctic Gigafactory with the help of €400 million in guarantees and loans from Norway's export credit agency Eksfin. Freyr expects the plant to be one of the largest and most efficient in Europe, with 50% lower capital expenditure per GWh of capacity and more than 200% higher output per employee than conventional lithium-ion plants. Editor/Xing Wentao
As of July 8, 2026, the green electricity trading volume in Xinjiang this year reached 16.17 billion kilowatt hours, which is twice the total trading volume of last year. Among them, the green power trading within the province reached 10.23 billion kilowatt hours, a year-on-year increase of 414%, ranking first among all provinces and regions in Northwest China in terms of trading scale; The inter provincial green power trading reached 5.94 billion kilowatt hours, a year-on-year increase of 41%, and the scale of intra provincial and inter provincial green power trading reached a new historical high for the same period. Editor/Cheng Liting
On July 10, 2026, the national electricity load hit a historic high for the first time this year, reaching a maximum of 1.518 billion kilowatts, an increase of 10 million kilowatts from the historical peak. Since the beginning of summer, the electricity load of the southern regional power grid and multiple provincial-level power grids such as Guangdong, Guangxi, Hainan, Ningxia, Gansu, Fujian, and Shaanxi has reached a historical high more than 20 times. Editor/Cheng Liting