[SMM PV News] European PPA Volumes Hit 2-Year High at 2.2 GW

RenewSys India has inaugurated a 3 GW 'AI-powered', fully automated solar module manufacturing facility in Khopoli, Maharashtra, expanding its total module capacity to 5.6 GW. The 65,000 sqm plant integrates advanced production technologies and digital monitoring systems to ensure consistent product quality for its 'TOPCon G12R' modules. Located near Mumbai, the site offers strong multimodal connectivity to enhance supply chain efficiency for both domestic and export markets. Looking ahead, RenewSys targets 24 GW of total PV component capacity and plans to install a 4.5 GW solar cell production line by fiscal year 2026-27.

In a 2-1 vote on March 12, the US International Trade Commission (ITC) ruled against imposing anti-dumping and countervailing duties ('AD/CVD') on graphite anode imports from China. The decision effectively kills proposed tariffs that would have surged to 169.5% for most Chinese exporters—and averts an initial petition that sought a staggering 920% duty rate. This ruling provides a highly positive economic outlook for the US battery energy storage system ('BESS') industry, sparing the sector from severe supply chain destabilization and price volatility.

[SMM Silicon-Based PV Morning Briefing] Polysilicon: The quoted price for N-type recharging polysilicon was 42-49 yuan/kg. Polysilicon prices continued to decline recently, mainly affected by wafer price cuts and market sentiment. At present, low-priced polysilicon has already fallen below the cost line of some manufacturers, and the willingness to hold quotes firm has strengthened somewhat. The upstream market was also still watching wafer price moves. Wafer: In the market, 18X wafer prices were 1.00-1.05 yuan/piece, 210RN wafer prices were 1.1-1.15 yuan/piece, and 210N wafer prices were 1.3-1.35 yuan/piece. Wafer prices remained stable. Current selling prices have already fallen below cash cost, so the likelihood of another sharp price cut was relatively small.