[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 June 30, 2026, the excavation of the underground powerhouse of the Nanshankou Pumped Storage Power Station in Golmud, Qinghai, undertaken by Three Gorges Construction, was completed. The power station is the world's largest under construction pumped storage project at an altitude of over 3500 meters, with a total installed capacity of 2.4 million kilowatts. The project has entered the pouring and equipment installation stage, and the first batch of units is planned to be put into operation in 2028. Editor/Min Jing
On June 27, 2026, ENERGY CHINA Gezhouba Group began construction of the country's first integrated zero carbon highway project in Guangxi. Supporting photovoltaic energy storage and heavy-duty truck replenishment network, relying on ecological carbon sinks to achieve net zero carbon operation, in line with the national zero carbon channel construction deployment, and creating a demonstration model for low-carbon transformation of transportation. Editor/Min Jing