[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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• 2026.06.12 10:26
• [Italy invests 230 billion yuan in green electricity]
• In 2026, the European Union approved Italy's € 23 billion aid plan to deploy over 37GW of renewable energy installations, including wind, solar, and hydropower. Supported by the contract for difference mechanism, Italy will be helped to achieve the 2030 green power goal and promote green energy interconnection along the the Belt and Road.Editor/Gao Xue

• 2026.06.12 10:23
• [Baotou electrolytic aluminum sprints towards 60 billion yuan]
• By 2026, the target output value of Baotou's electrolytic aluminum industry is 60 billion yuan, and the proportion of green electricity has reached 33%, overcoming the bottleneck technology of high-purity aluminum. Relying on green power direct supply and aluminum deepwater processing, build a 100 billion level green cluster and enable new energy cooperation along the the Belt and Road.Editor/Gao Xue