Indian PV module maker Ahaan Solar has begun construction of a 2GW TOPCon module factory in the Rohnat Industrial Area, Haryana, with a total investment of INR 8 billion (approx. USD 95.8 million).

China’s Sunrev Solar has begun construction on a USD 200 million solar manufacturing complex in Ain Sokhna, Egypt, spanning 200,000 square meters. The project will be developed in two phases to enhance local photovoltaic production, according to SCZONE.

UK-based Genesis Energy Holding and Saudi Arabia’s Desert Technologies (D-T) have signed a strategic collaboration agreement during the Africa Energy Forum to jointly develop and deploy clean energy solutions across Africa.

KKR & Co. has agreed to acquire Zenith Energy, an Australian provider of off-grid and hybrid power systems, from Pacific Equity Partners, OPSEU Pension Trust, and Foresight Group.

JinkoSolar has announced record-breaking efficiency results for its self-developed N-type TOPCon solar products.

Thailand is the largest automotive manufacturing hub in Southeast Asia, with world-renowned automotive companies establishing manufacturing plants there, and the automotive industry contributing 12% to GDP. The automotive parts industry is well-developed, with over 60% of the world's top 100 automotive parts suppliers having production hubs there. Additionally, with the support of the Thai government's policies, the home appliance and electronics industries have also experienced rapid development, with continuous growth in aluminum consumption. Despite lacking aluminum resources, Thailand continues to rely on imports for primary aluminum. Against this backdrop, SMM has introduced CIF Thailand aluminum ingot quotes for market reference and settlement.

【SMM Aluminum Downstream Analysis: Aluminum Processing Industry PMI Down 9.7% MoM in June — Pressure Across All Segments, Little Improvement Expected in Off-Season】June Aluminum Processing PMI Composite Index recorded 40.1%, falling below the boom-bust line, down 9.7 percentage points month-on-month and down 1.5% year-on-year.Downstream consumption entered the off-season, and the New Orders Index fell significantly, dragging down the performance of the composite index...

SMM Analysis：In the first half of the year, domestic cold-rolled prices continued to decline, driving down the prices of finished galvanized sheet products. The downstream "rush to buy amid continuous price rise and hold back amid price downturn" mentality persisted, and domestic trade orders remained lukewarm. The "rush to export" wave gradually dissipated. How did galvanized sheet perform in the first half of the year? And how will it perform in the second half.....

Indonesian Nickel Ore Premiums Dropped? Another New Trend? NPI Prices Behaved The Same?