[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
In the first half of 2026, China Harbour won the expansion project of Section 1C of the Kuala Lumpur Karnak Expressway in Malaysia, with a contract amount of approximately 4.5 billion yuan. The project has a total length of 60 kilometers and is a key project of the local Second Corridor, connecting the capital area with the East Coast Economic Zone. The project will adopt Chinese standards and be accompanied by intelligent transportation and green construction plans. This winning bid consolidates the advantages of Chinese enterprises in Southeast Asia Road and Bridge, helps improve the quality of logistics in ASEAN, and lays the foundation for cross-border infrastructure project cooperation and China ASEAN industrial integration.Editor/Gong Ziwei
On June 30, 2026, the underground powerhouse and lower reservoir project of Hunan Muwangxi Taoyuan Pumped Storage Power Station began construction. This first-class large-scale energy project helps optimize Hunan's energy structure. In the early stage of the project, all supporting tunnels such as diversion tunnels and ventilation tunnels were completed, laying a solid foundation for the main construction.Editor/Min Jing