[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 August 5th, it was reported that the Maldang Hydropower Station of National Energy Group Qinghai Company had a monthly power generation of 1.124 billion kilowatt hours in July 2026, setting a new historical high since its commissioning.Editor/Cheng Liting
As of the end of June 2026, the installed capacity of wind and solar new energy power generation in Shanxi Province has exceeded 80 million kilowatts, reaching 80.6121 million kilowatts. During the 14th Five Year Plan period, the province added 45.0091 million kilowatts of wind and solar new energy power generation installed capacity, an increase of 137.11% compared to the end of the 13th Five Year Plan.Editor/Cheng Liting