[SMM PV Flash] Poland Sets 2026 Renewables Auctions, Allocating 64.5 TWh to Solar and Onshore Wind

[SMM Silver Weekly Review: Silver Prices Rose Before Falling with a Bearish Weekly Candlestick; Mixed Signals Await New Catalysts to Break the Deadlock] Silver prices rose before falling this week, with the weekly chart posting a medium bearish candlestick. Prices rebounded to yuan/kg 16,188.5 at the start of the week, before being pressured by stronger-than-expected PMI data and geopolitical tensions to pull back to around yuan/kg 15,600 by the end of the week, giving back all of the week's gains. The macro front was supportive early in the week but turned negative later. Spot silver stockpiling ahead of the double holiday briefly boosted trading activity before it faded. Inventory saw a slight buildup of 14 mt, while ETF holdings edged higher. In the absence of clear short-term guidance, silver prices are likely to swing wildly in a wide range.

[SMM Weekly Review: Polysilicon Sees Small Volume of High-Price Deals; Centralized Module Price Decline Widens] This week, China's module prices showed structural divergence, with distributed modules stopping falling and stabilizing while centralized modules saw a wider decline. On the distributed side, enterprise guidance prices remained unchanged, and average transaction prices for all specifications stayed basically flat this week, with only HJT modules edging down 0.0005 yuan/W. Supported by costs and industry self-discipline, module prices do not have much room for a sharp decline and are expected to consolidate in the short term. However, it is worth noting that low-efficiency modules have recently begun shipping rapidly, which to some extent affects the ability of conventional modules to hold prices firm. On the centralized demand side, marginal improvement continued: recent deliveries kept increasing, tenders for some large projects moved forward, and installations and orders both grew. Nevertheless, prices still lacked upward momentum, and the decline for the three specifications actually widened to 0.004 yuan/W this week.

Recently, the "Intel Technology Innovation and Industrial Ecosystem Conference" was held in Suzhou. As a globally leading provider of PV+ESS smart energy solutions, Trinasolar was invited to attend the conference and joined hands with Intel to launch a pioneering computing-power coordination project. At the same time, Trinasolar delivered a speech on the theme of computing-power coordination, sharing its exploration practices and innovative solutions in the AIDC field, and releasing new momentum from the deep integration of the new energy industry and AI computing power. During the conference, Intel's computing-power coordination pilot project was officially launched. Xie Jian, Senior Vice President of Trinasolar, participated in the launch ceremony. This collaboration also signifies that, as AI computing power demand continues to grow, coordination between power and computing power is becoming an important direction for industrial development. Trinasolar's power cabins and Intel's computing power cabins will work together in depth to jointly explore the technical pathways and business models of "integrated computing and power." Leveraging its long-accumulated experience in the new energy power industry, Trinasolar is actively extending its capabilities from "power supply" to "computing-power coordination," providing new solutions and approaches for the next generation of green intelligent computing infrastructure.