[Solar: Amea Power commissions 120MW Doornhoek PV project in South Africa]

This week, silver ingot market premiums remained at a slight discount. Spot premiums edged down WoW. The rising absolute price of silver continued to suppress downstream demand, with buying sentiment remaining weak, and social inventory of spot silver ingots continued to accumulate.

Italian energy agency GSE said upcoming FerX renewable energy auctions planned for 2026 and 2027 will allocate 10GW of PV capacity and 16GW of wind power. The goal is to hold one auction by the end of this year and two more in 2027, pending final EU approval. The first FerX auction awarded 7.7GW of PV capacity at an average price of EUR 0.05682/kWh, while the second solar auction allocated 1.1GW and was the first to apply NZIA resilience criteria, excluding Chinese modules, cells and inverters for PV projects above 1MW. SMM believes Italy’s FerX scheme is supporting renewable deployment while strengthening Europe’s push for localized and diversified clean energy supply chains.