[SMM PV News] Lithuania's Solar Capacity Surpasses 3 GW, Storage Integration Key

According to an SMM survey, a second-tier wafer enterprise has mortgaged its Inner Mongolia base to a domestic PV equipment manufacturer, involving approximately 45GW of annual wafer capacity. In addition, the enterprise currently retains approximately 28GW of annual wafer capacity at its Yunnan base. Recently, numerous reports have emerged about wafer enterprises planning to exit the market, with sources of varying reliability. Overall, the pace of market-driven capacity rationalization in the PV industry is accelerating.

SMM PV News Flash: It is learned that a new polysilicon base in Sichuan recently plans to resume production with recharging polysilicon, and is expected to officially produce output in June-July, involving an annual capacity of approximately 60,000 mt. SMM will continue to follow up.

GlobalData analysts report that solar energy is now the dominant driver of Egypt’s power sector. The shift is accelerated by aggressive tariff reforms, including an August 2024 price hike of up to 46% for commercial users and 40% for residents. These increases have significantly enhanced the economics of self-generation for energy-intensive industries, factories, and resorts. While utility-scale projects are expected to maintain over 60% market share, the C&I segment is rapidly gaining momentum, with the two segments combined projected to represent 98–99% of Egypt's total solar market in the coming years.