[SMM PV] Solar Energy Discloses 2026 Expansion Plan, Perovskite Pilot Line to Be Completed by Year-End

On May 30, the Ordos Municipal Energy Bureau launched the competitive allocation of PV sand control projects for 2026, requiring that PV construction and desertified land remediation be designed, constructed, and accepted simultaneously. According to the plan, the installed capacity of PV sand control in Inner Mongolia is expected to exceed 21.4 million kW by 2025 and reach 89 million kW by 2030.

[SMM Silicon-Based PV Morning Meeting Minutes: Polysilicon Prices Temporarily Stable, Module Transaction Center Continued Weak] Last week, module prices in China maintained a downward trend. The atmosphere of enterprises competing on prices to push shipments intensified again, and currently, enterprise quotes for centralized modules also began to decline continuously. The overall market transaction center kept shifting downward, and subsequent module lows were expected to reach 0.7 yuan/W. Currently, distributed Topcon 183, 210R, and 210N high-efficiency modules were quoted at 0.742 Yuan/W, 0.749 Yuan/W, and 0.752 Yuan/W respectively, while centralized Topcon 182/183 and 210N high-efficiency modules were quoted at 0.723 Yuan/W and 0.743 Yuan/W respectively.

According to SMM research, freight rates for PV products shipped to Europe have increased significantly recently, with quotes on some routes rising by around USD 2,000-3,000 per high-cube container from previous levels. Meanwhile, congestion has emerged at Rotterdam and some ports in Portugal, leading to vessel schedule delays and lower container pickup efficiency. This is expected to cause certain disruptions to European module delivery schedules and temporarily push up module landed costs. SMM will continue to monitor the subsequent impact.