[SMM PV News] Greece's 4.7 GW 'Merchant' Battery Storage Program Massively Oversubscribed

Mar 23 - The China Development Forum 2026 opened in Beijing yesterday. Wan Jinsong, Deputy Director of the NEA, stated that during the "15th Five-Year Plan", China will actively promote diverse clean energy sources, including wind, photovoltaics (PV), nuclear, and biomass, building a resilient new energy system with multi-energy complementarity. China will also drive the deep integration of energy and digital revolutions. Furthermore, China will uphold an open and cooperative attitude to jointly maintain the stability of the global new energy supply chain, establish a transparent and non-discriminatory international energy market, and facilitate the global free flow of new energy products, technologies, and services.

On March 19, Canadian Solar Inc. (CSIQ) disclosed its 2025 results and 2026 outlook. Data shows Q4 2025 module shipments were 4.3GW. Full-year 2025 module shipments reached 24.3GW (with a record 8.1GW delivered to the US market), and energy storage shipments hit 7.8GWp. Regarding overseas capacity, the 5GW module plant in Texas is fully operational and is planned to expand to 10GW in H2 2026; the phase I (2.1GW) HJT cell plant in Indiana expects trial production in April 2026. Looking into 2026, Q1 module shipments are estimated at 2.2-2.4GW, and full-year US market module shipments are projected to reach 6.5-7.0GW.

Reliance Industries secured a binding 15-year, $3 billion agreement to supply green ammonia to South Korea's Samsung C&T starting in FY2029. This landmark deal supports India's 'National Green Hydrogen Mission' and underpins Reliance's integrated new energy platform, which features in-house manufacturing of solar modules, 'BESS', and electrolyzers. The partnership is a major step in Reliance's strategy to become a leading global exporter of cost-competitive green fuels.