[SMM PV News] Waaree Breaks Ground on India's Largest 10 GW Ingot and Wafer Plant

[SMM Silicon-Based PV Morning Meeting Summary: Module Prices Have Softened Somewhat, While Polysilicon Prices Remain Temporarily Stable] Recently, transaction prices for modules in China have softened somewhat. As demand outside China declines and domestic projects are at the point of being about to start, module enterprises have shown differing attitudes in their quotations. Some enterprises have begun offering concessions in advance to take orders, and distributors have also recently started shipments at low prices, thereby leading to a decline in the market transaction price center. At present, quoted prices for distributed Topcon183, 210R, and 210N high-efficiency modules are 0.752 Yuan/W, 0.767 Yuan/W, and 0.77 Yuan/W, respectively, while quoted prices for centralized Topcon182/183 and 210N high-efficiency modules are 0.727 Yuan/W and 0747 Yuan/W, respectively.

Bahrain's Electricity and Water Authority (EWA) has shortlisted Saudi Arabia's ACWA Power and UAE's Yellow Door Energy for a 100 MW solar plant in Bilaj Al Jazayer. Developed under a public-private partnership ('PPP') on a build-own-operate ('BOO') model, the project targets a commercial operation date of September 30, 2027. This initiative supports Bahrain's broader goals to reach 255 MW of solar capacity by 2025 and 700 MW of total renewable capacity by 2030, significantly expanding upon its modest 66 MW of installed PV at the end of 2024.

Albania added an estimated 180 MW to 210 MW of solar capacity in 2025, bringing its total to between 600 MW and 650 MW. The utility-scale sector remains the primary growth engine, with a notable shift toward merchant projects, such as the 50 MW Belsh PV site backed by the EBRD and WBIF. While commercial and industrial (C&I) solar is gaining traction as a price hedge, residential adoption remains the smallest segment. Experts note the market is gradually transitioning from an 'auction-driven' phase to a more 'market-driven' investment environment. Future expansion will depend increasingly on investment bankability, clearer grid connection procedures, corporate power purchase agreement (PPA) frameworks, and energy storage integration.