[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
CRCC has won three EPC general contracting projects, including Gansu Independent Energy Storage, Ningxia Mountain Wind Power, and Shanxi Flywheel Hybrid Energy Storage, with a total amount exceeding 1.66 billion yuan. The project serves the peak shaving and consumption of the three power grids respectively, providing solid support for the construction of new regional power systems. Editor/Min Jing
On August 5, 2026, the office control building of the Nanning Granite Aggregate Mining Project, constructed by CR1G, completed its topping out. The project has an annual output of 2 million tons of aggregate and a comprehensive utilization rate of over 95%. The team overcame multiple difficulties such as typhoons and high temperatures during the flood season, and will accelerate the construction of the main mining project to help ensure the supply of local sand and gravel. Editor/Min Jing