[SMM PV Bulletin] Since the Beginning of This Year, Xinjiang's Green Electricity Trading Volume Surpassed 16 Billion kWh

[SMM Silicon-Based PV Morning Meeting Summary: Wafer Top-Tier Player's Production Cut Plan Adjustment, Solar Cell Industry Inventory Buildup Continues] Wafers: According to the latest SMM survey, a top-tier player adjusted its production cut plan, with actual output flat MoM from June. Additionally, integrated enterprises also ramped up production, and the total volume and distribution ratios of external toll processing were adjusted. Overall, July was down about 2% MoM from June. Solar cells: This week, the industry's total inventory rose again WoW, and the market continued to be in a state of inventory buildup, with producers' shipment pressure further intensifying.

On July 10, the SOLAR & STORAGE EXPO 2026 Pakistan will be held at the Lahore International Expo Centre. Hoymiles, together with local partners, will participate, focusing on core needs such as home emergency backup power, PV energy management, and industrial and commercial energy optimization, and will highlight the HIS/HIT series hybrid energy storage inverters, the LB low-voltage ESS battery, and the HoyUItra 261A industrial and commercial ESS all-in-one unit, deeply implementing localized energy solutions and fully supporting Pakistan’s energy transition.

Recently, SDIC Jiangsu New Energy successfully secured a development quota for a 500,000 kW offshore PV project in Jiangsu Province. This is the largest single-unit offshore PV project obtained by the company in the Yangtze River Delta region, and it also represents a key strategic step in the group’s efforts to expand its green energy footprint along the southeast coast. The acquisition of this quota marks a significant outcome of the company’s thorough implementation of the group’s new energy development strategy and its proactive integration into the construction of the 10 GW-level offshore PV base along the Jiangsu coast. The project adopts an intensive three-dimensional offshore development model, avoiding all ecologically sensitive areas throughout the process. After completion, it is expected to supply an average of 610 million kWh of clean electricity annually, save 186,000 mt of standard coal and reduce carbon dioxide emissions by 489,000 mt per year, and aims to create an eco-friendly benchmark offshore PV project along the coast.