[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
On October 21, 2026, Vice Minister of Ecology and Environment Li Gao announced at a press conference held by the State Council Information Office that the national carbon emission trading market has been online for more than five years, and has built the world's largest carbon emission trading market. Currently, the controlled carbon dioxide emissions are about 8.3 billion tons, accounting for more than 65% of the total national carbon dioxide emissions. Recently, the cumulative trading volume of quotas has exceeded 1 billion tons. Editor/Cheng Liting
In September 2026, the total electricity consumption of the society reached 899.7 billion kilowatt hours, a year-on-year increase of 1.2%. From January to September, the total electricity consumption of the whole society reached 807.34 billion kilowatt hours, a year-on-year increase of 3.9%. Editor/Cheng Liting