[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

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• 2026.07.22 11:00
• [Chongqing Wulong Yinpan Pumped Storage Station Starts Main Works]
• Recently, the main project of Chongqing Wulong Yinpan Pumped Storage Power Station has started construction. The project has an installed capacity of 1.2 million kilowatts and relies on the construction of the lower reservoir of the existing Yinpan Hydropower Station. After the completion of the power station, it will generate 1.477 billion kilowatt hours of electricity annually, helping Chongqing to absorb new energy and optimize the regional energy structure. Editor/Min Jing

• 2026.07.22 10:07
• [Chongqing Monorail Operation Experience Export to Malaysia]
• On July 9, 2026, Chongqing Rail Transit signed a memorandum of cooperation with Prasarana, Malaysia, to export systematic experience in operation management, digital maintenance, and other areas to Kuala Lumpur Monorail. The internationalization of Chinese owned rail transit will extend from construction to operation.Editor/Gao Xue