[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
Recently, the low nitrogen transformation of steam injection boilers in Fengcheng Oilfield, Xinjiang has been fully completed, with emissions meeting standards and a significant reduction in failure rates, achieving a win-win situation of green and stable production.Editor/Gao Xue
On June 23, 2026, GCL Energy Technology signed a contract with Shaoguan to invest in the construction of a billion dollar South China intelligent computing base, creating a zero carbon computing power base and empowering AI and low altitude economy in the Greater Bay Area.Editor/Gao Xue