[SMM PV] Photoelectric conversion efficiency reached a record-breaking 26.2%! China successfully developed a large-area all-perovskite tandem PV module.

The latest statistics from the Ningbo Energy Administration show that as of the end of May this year, the installed capacity of distributed PV in Ningbo reached 9.74 million kW, ranking first among all prefecture-level cities in China, and Ningbo’s PV power generation accounted for 10.24% of the total electricity consumption of the whole society. “That means, for every 10 kilowatt-hours of electricity used in production and daily life in Ningbo, one comes from the sun,” said a relevant official from the Ningbo Energy Administration. To accelerate the adjustment of the energy mix, Ningbo began implementing “PV+” projects in ten major areas, including water surfaces, mudflats, agriculture, industry, and commerce, five years ago. Subsequently, relevant policies and measures were introduced to promote the integrated development of distributed PV with industry, transportation, new infrastructure, and rural revitalization. “Ningbo is advancing the development of distributed PV across the entire city to accelerate emission reductions and carbon reduction in this industrial city,” the official said, adding that industrial rooftops account for as much as 84% of the installed capacity, followed closely by residential rooftops at about 8.6%.

[SMM Silicon-Based PV Morning Meeting Minutes] Polysilicon: The quotation for N-type recharging polysilicon is 32-34.2 yuan/kg. Polysilicon prices remain generally weak. A few large-volume orders are currently under negotiation, with the market watching for subsequent outcomes and policy developments. Wafers: Market prices for 183mm wafers stand at 0.88-0.9 yuan/piece, 210RN wafers at 0.98-1.00 yuan/piece, and 210N wafers at 1.16-1.20 yuan/piece. The low-end prices of 183mm and 210N wafers also show a downward trend, widening the price range across all wafer sizes. Top-tier players are holding prices, while smaller enterprises have concluded deals at lower prices.

Japanese renewable energy developer Sun Village Co., Ltd. announced its mid-to-long-term growth strategy "Road to 2030", mapping out a 50-billion-yen investment blueprint to build a next-generation energy infrastructure combining renewable supply with battery storage flexibility. By 2030, the company plans to scale its solar power development and ownership capacity to 2GW, while establishing a deployment network for 400MW of grid-scale battery storage. Representative Director Tsuguhiro Mimura emphasized that integrating generation, storage, and supply-demand operations will maximize energy value and drive sustainable growth. To transition renewable energy into a primary power source and navigate Japan's strict grid constraints, Sun Village will diversify its revenue streams via the Feed-in Premium (FIP) system and corporate PPAs, while fully entering the supply-demand adjustment and capacity markets. Through these initiatives, the company aims to evolve into a comprehensive energy platform handling everything from asset creation to intelligent control, ultimately targeting a sales scale of 100 billion yen. This dual focus on supply and adjustment capacity is designed to stabilize the local grid, enhance disaster resilience, and support Japan’s broader decarbonization goals.