[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
European natural gas prices continued to rise on October 28th, with the Dutch Transfer of Ownership (TTF) natural gas November futures price, which serves as the benchmark price for European natural gas, breaking through 100 euros per megawatt hour during intraday trading, marking the first time since December 2022. Editor/Cheng Liting
On October 29, 2026, the latest data released by the National Energy Administration showed that in September, 326 million green certificates were issued, a decrease of 8.01% compared to the previous month, involving 4.3971 million renewable energy power generation projects. Editor/Cheng Liting