[Sino-French companies plan joint venture to build a new battery factory]On May 12, 2023, French President Emmanuel Macron stated that China Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. plans to establish a battery field laboratory with the French company Orano in Dunkirk, a port city in northern France. Joint venture with an expected investment of 1.5 billion euros and the creation of 1,700 jobs. Macron pointed out that Xiamen Tungsten New Energy's joint venture with Orano is complementary to ProLogium's factory because it will be upstream in the production of batteries for electric vehicles. Edit/Ma Xue
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
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