[SMM PV News Flash]

Recently, a PV glass enterprise meeting was held, at which the glass enterprises reached a consensus on collective production cuts going forward. Based on information from various sources, SMM estimates that the production cuts negotiated at the meeting amount to about 8,000 mt/day, involving more than five enterprises. However, the specific timing for the production cuts was not finalised. SMM expects the pace of production cuts to vary among enterprises, but it is anticipated that the cuts will be completed as agreed in 2026H2.

[SMM Comment: Wafer Prices Grind Lower, Enterprises Pin Hopes on Policy] This week, wafer prices continued to fall, with N-type 183 wafers priced at 0.8-0.824 yuan/piece, 210R wafers quoted at 0.895-0.925 yuan/piece, and 210mm wafers quoted at 1.099-1.125 yuan/piece.

Recently, the second section of the Huaneng Mancheng 300MW forest-photovoltaic complementary new energy project, constructed by China Anneng First Engineering Bureau Liaoning Branch, successfully completed key construction tasks, with the first batch of PV modules successfully connected to the grid. The successful achievement of this period marks a significant milestone breakthrough in the project's construction progress. It not only builds robust green momentum for the high-quality development of the new energy industry in Mancheng District, Baoding, but also fully demonstrates China Anneng's hardcore construction strength in overcoming difficulties, fulfilling commitments, and delivering professional and efficient performance.