[SMM PV] AIKO Secures Another Large Centralized Order in Egypt, Accelerating Deep Expansion into High-End PV Markets in the Middle East and Africa

[European Energy Giant OX2 Enters Australia: 135MW Solar-Plus-Storage Project Officially Commences Construction] Swedish independent power producer (IPP) OX2 has announced the commencement of its Muswellbrook solar-plus-storage project in New South Wales, Australia. Covering an area of approximately 482 hectares, the project will construct a 135MWac solar power plant complemented by a 100MW-class battery energy storage system (BESS). The project is situated on a former coal mine site and forms part of Australia's Hunter Central Coast Renewable Energy Zone (REZ). By utilizing existing transmission infrastructure to connect to the grid, the project will help lower grid-connection development costs and alleviate the network access pressures commonly faced by new energy projects.

Fujiyama Power Systems has approved plans to build a 1.2GW TOPCon solar cell facility at its Ratlam plant in Madhya Pradesh, with commercial production expected in the first quarter of FY2028. The INR 350 crore project will complement the company’s existing 1GW Mono PERC cell plant in Uttar Pradesh and support its backward integration and technology upgrade strategy. SMM believes the rollout of India’s ALMM-II rules from June 2026 is accelerating domestic cell capacity expansion, helping manufacturers secure DCR-compliant supply, reduce cost volatility and strengthen their rooftop solar positioning.

In May 2026, the European Union adopted a series of restrictive measures against China in the new energy sector, several of which are directly related to the photovoltaic and energy storage supply chains. In this situation, how will the European's solar market goes...?