[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 May 25, 2026, the National Energy Administration released national electricity statistics for the months of January to April. As of the end of April, the cumulative installed power generation capacity in China was 3.99 billion kilowatts, a year-on-year increase of 14.2%. Among them, the installed capacity of solar power generation was 1.25 billion kilowatts, a year-on-year increase of 26.2%; The installed capacity of wind power was 660 million kilowatts, a year-on-year increase of 22.0%.Editor/Gong Ziwei
Recently, the 220 MW photovoltaic power station in Biscara, Algeria, constructed by China Power Construction, has been officially completed and put into operation. After the power station is put into operation, it is expected to generate 374 million kilowatt hours of electricity annually, saving 112200 tons of fossil energy and reducing 373000 tons of carbon dioxide emissions annually. The successful operation of the project marks the official integration of Algeria's first batch of photovoltaic green power into the national power grid, providing replicable and promotable benchmark experience for subsequent new energy project construction.Editor/Gong Ziwei