[SMM PV News] Armenia Hits 1.1 GW Solar Capacity,

Italy deployed 6,437 MW of new photovoltaic capacity in 2025, a 5% decrease from the 6.8 GW added in 2024, bringing the country's cumulative total to 43.5 GW. The overall decline was driven by a sharp 24% contraction in the residential sector and a slowdown in commercial installations. However, the utility-scale segment surged by 15%, connecting 3.4 GW of new capacity largely due to a wave of previously issued authorizations. This growth was heavily backloaded, with the final quarter alone accounting for 2.4 GW of the year's total, fueled significantly by projects larger than 10 MW.

The Solar Energy Corporation of India (SECI) has concluded its auction for 1.2 GW of renewable energy capacity paired with energy storage, designed to supply 4.8 GWh of peak power daily. Adyant Enersol secured the lowest tariff of INR 6.27/kWh for 100 MW. Serentica Renewables (600 MW) and AMPIN Energy (199 MW) followed closely with bids of INR 6.28/kWh, while ACME Solar was awarded the remaining capacity (approximately 301 MW). These projects will be developed on a build-own-operate basis under 25-year Power Purchase Agreements (PPAs), requiring developers to co-locate generation and storage systems and connect them to the interstate transmission network.

[SMM Silicon-Based PV Morning Meeting Summary: Polysilicon Costs Redefined, Module Prices Temporarily Hold Steady] Over the weekend, the quoted price for N-type recharging polysilicon was 48.2-59 yuan/kg, the N-type polysilicon price index stood at 52.58 yuan/kg, and granular polysilicon was quoted at 49-51 yuan/kg. Polysilicon prices remained temporarily stable over the weekend, while the related cost verification results were released. It is understood that the full tax-inclusive cost of polysilicon may be set at 54.125 yuan/kg, and manufacturers might make minor adjustments based on their individual costs.