[SMM PV News] Philippines Approves New PV Module Manufacturing Investment by GREEENC

[SMM Flash] Recently, publicly available market information showed that Jingsheng Mechanical & Electrical and Gaoce Technology successively entered Tesla's 100GW PV entire industry chain supply chain in Texas, US, with core equipment orders to be delivered in concentrated batches in 2026. According to an SMM survey, Jingsheng Mechanical & Electrical secured a 10GW silicon wafer production line order from Tesla, supplying 210mm monocrystalline furnaces, quartz crucibles, and slicing equipment, expected to be completed in Q3, with an order value of approximately 3 billion yuan. Gaoce Technology won the slicing equipment order, focusing on large-size, ultra-thin silicon wafer processing, to be delivered in H2 2026.

As of March 31, Italy had 3,670 PV grid connection applications totaling 144 GW, according to the grid operator Terna. Ready-to-build (RtB) solar projects increased to 210 applications representing 9.34 GW. Solar accounts for 62.5% of renewable connection applications and 44.64% of the total 322.67 GW renewable capacity requested. Regionally, Puglia leads in number of PV applications, while Sicily ranks first by capacity at 37.39 GW. Approved PV projects reached 1,139 applications totaling 46.49 GW. Integrated storage requests remained stable, while stand-alone storage declined slightly. Meanwhile, data center connection requests rose to 480 projects totaling 82.63 GW, reflecting rising electricity demand from digital infrastructure.

South Korea has expanded tax incentives for low-carbon solar manufacturing. Under revised rules effective April 1, PV module production facilities with lifecycle emissions of ≤655 kg CO₂/kW qualify for investment tax credits. According to the Korea Photovoltaic Industry Association (KOPIA), the policy covers the entire solar manufacturing chain, including polysilicon, wafer, cell, and module production equipment. The move extends South Korea’s existing carbon-grading system—used in public solar procurement and Renewable Portfolio Standard auctions—into manufacturing investment incentives. The policy aims to encourage domestic producers to adopt low-carbon processes and advanced technologies amid strong import dominance in the market.