At the Solar & Storage Egypt 2025 exhibition, Mejdi Khayati, Technical Services Manager for MEA & Central Asia at Jinko Solar, highlighted the advancements shaping the future of solar modules for large-scale applications.

As part of its Vision 2030 initiative, Saudi Arabia is significantly advancing its renewable energy sector, focusing on solar power. The Kingdom plans to generate 50% of its electricity from renewable sources by 2030, backed by a monumental investment of approximately $188 billion. In 2023, the Saudi Power Procurement Company (SPPC) initiated the qualification process for four major solar projects totaling 3,700 MW of capacity.

Sichuan Yingfa Ruineng Technology Co., Ltd. has joined the United Nations Global Compact (UNGC), committing to integrate sustainable development and ESG values into their core business strategy. By participating in the world's largest corporate sustainability initiative, Yingfa Ruineng aims to support global climate and energy goals through innovation in the photovoltaic industry.

The UAE’s Sharjah National Oil Corporation (SNOC) and renewable energy developer Emerge have launched a 60 MWp solar park in Sharjah, designed to power a nearby gas processing facility.

The Spanish government unveiled a €100 million aid initiative, RENOCICLA, to foster recycling and reuse in renewable energy projects, focusing on solar panels, lithium batteries, and wind turbine blades.

[SMM Rare Earth Morning Meeting Summary: The center of rare earth upstream trading volume rises, while the downstream market continues to wait and see] Last week, the enthusiasm for downstream inquiries significantly increased. The center of dysprosium oxide and Pr-Nd oxide trading volume slightly moved up, and the supply of low-priced goods tightened. However, metal factories had no strong intention to stock up, and the overall trading volume did not see a significant increase. Some industry players still maintained a wait-and-see attitude towards the future market of rare earths.

[SMM Zinc Morning Meeting Summary: Market Concerns Arise as Tariff Deadline Approaches, LME Zinc Prices Fall]: Last Friday, LME zinc opened at $2,739.5/mt. With mixed bullish and bearish sentiments in the early session, LME zinc fluctuated upward, reaching a high of $2,757/mt during European trading hours. Subsequently, as bulls reduced their positions, LME zinc prices fluctuated downward throughout the day, hitting a low of $2,722.5/mt during the night session. It eventually closed at $2,735.5/mt, down by $2.5/mt or 0.09%. Trading volume decreased to 4,385 lots, while open interest fell by 883 lots to 206,000 lots.

[SMM Lead Morning Meeting Summary: Intertwined Raw Material Supply Conflicts and Consumption Expectations, Short-Term Lead Prices Expected to Consolidate] Starting from July 4, the US government will issue notifications on new tariff rates to countries that have not yet reached trade agreements. It is understood that after maintenance in July, smelters will resume production, with expectations rising for an increase in ingot output. Consequently, the demand for raw materials such as lead concentrates and scrap batteries is expected to increase simultaneously...

[LME copper and SHFE copper both close lower; tariff uncertainty weighs on copper prices] Macro side, Trump said he might send 12 or 15 tariff-related letters on Monday, while also signing the "Big and Beautiful" tax and spending bill. The uncertainty surrounding tariffs has caused copper prices to encounter resistance. The market's focus has shifted to the July 9 deadline set by Trump for the temporary suspension of tariffs, when the US will impose reciprocal tariffs on countries that have not yet reached a trade agreement. US Treasury Secretary Bessent said that multiple major agreements are close to being finalized. If countries that receive tariff letters fail to reach an agreement, the tax rate will revert to April levels starting from August 1.