[SMM PV] National Energy Administration's June Dispatch Meeting: Cumulative Grid-Connected Wind and Solar Capacity Hits 1.911 Billion kW, Seven Key Tasks Deployed

Since 2017, Vietnam’s solar market has grown rapidly under strong policy support, especially feed-in tariff incentives. This drove fast capacity expansion but also exposed grid constraints as development outpaced transmission infrastructure. As subsidies gradually phased out, market logic shifted from policy-driven growth to energy security and system stability.

Recently, AIKO was awarded the highest A-level rating in Wood Mackenzie's "2026 Global PV Module Manufacturer Ranking." This rating, based on a comprehensive evaluation using authoritative data from the full year 2025, indicates that AIKO has reached the highest standards of the PV industry in terms of product performance, technological innovation, and comprehensive strength.

Indian solar PV manufacturer and EPC group HVR Solar is expanding upstream into solar cell production. At the SNEC 2026 expo in Shanghai, the company signed multiple strategic memorandums of understanding (MoUs) with international partners to establish a 1.2 GW annual capacity TOPCon cell manufacturing line in the Amroha district of Uttar Pradesh. Under these agreements, Shenzhen Han’s Photovoltaic Equipment Co., Ltd. will supply the core manufacturing machinery for the TOPCon production line, Gentech Technology (Huzhou) Co., Ltd. will provide critical chemical and gas utility systems, and Indygreen Technologies will serve as the technology facilitator responsible for production line integration and process deployment. This project is viewed as a strategic move to strengthen India's domestic renewable energy supply chain, reducing the company's reliance on upstream cell imports while enhancing local manufacturing capabilities. Furthermore, this new cell facility will create synergies with HVR Solar’s recently commissioned 1.2 GW automated module factory in Sonipat, Haryana. The module plant primarily produces G12 and G12R bifacial modules utilizing both TOPCon and HJT technologies, targeting the residential and commercial & industrial (C&I) rooftop solar markets.