[SMM PV News] Morocco Sets New Net-Metering Tariffs

[PV Express] Tongwei Co., Ltd. (600438) announced on February 24 that the company is planning to acquire a 100% equity stake in Lihao Qingneng through the issuance of shares and payment in cash, and to raise supporting funds. This transaction is not expected to result in a change of the company's controlling shareholder or actual controller, does not constitute a connected transaction, and is anticipated not to constitute a major asset restructuring. As the transaction is still in the planning stage and relevant matters remain uncertain, upon the company's application, trading of the company's shares, convertible bonds, and convertible bond conversion will be suspended starting from the market opening on February 25, 2026, with the suspension period expected not to exceed 10 trading days. Lihao was established in April 2021 and is primarily engaged in the R&D, production, and sales of semiconductor materials such as PV-grade high-purity polysilicon and electronic-grade polysilicon. Data shows that Qinghai Lihao currently has a polysilicon capacity of approximately 150,000 mt/year.

On February 23, 2026, TrinaTracker announced a partnership with a Spanish EPC to provide a 360 MW smart tracking system solution for two major PV projects in Spain. The plan includes the delivery of approximately 11,000 sets of Pioneer 1P single-row tracking systems.

On February 20, 2026, Turkey and Saudi Arabia's ACWA Power signed a 2 GW solar project agreement in Istanbul, further promoting regional energy transition and transnational cooperation.