[SMM National Sodium Antimonate January Production Assessment] According to SMM's assessment, the production of first-grade sodium antimonate in China is expected to decrease significantly by approximately 20% MoM from December 2024.

[CGN Announces Winning Candidates for 10.5GW PV Module Centralised Procurement] On January 24, CGN New Energy announced the winning candidates for its 2025 annual PV module equipment framework centralised procurement. This tender was divided into two packages, further split into seven sections, with a total scale of 10.5GW. The winning candidates include Jinko Solar Co., Ltd., LONGi Green Energy Technology Co., Ltd., Anhui Guosheng New Energy Technology Co., Ltd., Gokin Solar Co., Ltd., Huansheng PV (Jiangsu) Co., Ltd., GCL Integration Technology Co., Ltd., and Jiangsu Meike Solar Technology Co., Ltd. (Polaris Solar PV Network)

[SMM Analysis: PV Profile Plants Gradually Shut Down for Holidays, Operating Rate Declines Significantly]

According to reports, Masdar (Abu Dhabi Future Energy Company) announced the selection of CATL as the preferred energy storage system supplier for the world's largest solar and battery integrated energy storage project—UAE RTC.

In 2024, Africa’s cumulative photovoltaic (PV) capacity reached 19.2GW, marking an increase of 2.5GW from 2023. According to the Africa Solar Outlook 2025 report by the African Solar Industry Association (AFSIA), the continent saw consistent growth, with its third consecutive year of over 2GW of added capacity. The utility and C&I sectors contribute to the majority of the new capacity—1.78GW and 675MW, respectively. Residential installations were estimated to contribute an additional 10-20%.

A recent study by the U.S. National Renewable Energy Laboratory (NREL) reveals that floating solar (FPV) on U.S. reservoirs could provide up to 1 terawatt (TW) of generation capacity.

The U.S. Department of Energy (DOE) has finalized a $584.5 million loan guarantee for Convergent Energy and Power Inc. to support energy storage projects in Puerto Rico. The funding will back the development of a solar photovoltaic (PV) system combined with battery energy storage (BESS), along with three stand-alone BESS projects across Puerto Rico.

[SMM Weekly Review: Prices Remain Stable Ahead of Chinese New Year, Main Material Production Less Affected by Holiday] This week, the mainstream transaction prices for N-type recharging polysilicon were 39-45 yuan/kg, and for N-type dense polysilicon were 38-42 yuan/kg. Overall, polysilicon prices remained stable this week. Late last week, a top-tier enterprise completed a transaction of nearly 10,000 mt at a price of approximately 41 yuan/kg, which is still within the range of mainstream transaction prices. The market exhibited a strong wait-and-see sentiment, with February production schedules varying among enterprises.

[SMM Analysis: 2024 Silver Annual Export Volume Continues to Increase, Unexpected Import of Silver Ingots] The annual export volume of silver in 2024 reached 4,244.3 mt, up 178.4 mt YoY, an increase of 4.35%, showing a continuous growth trend. Below are the highlights of silver imports and exports in 2024.

[SMM Analysis: Chinese New Year Atmosphere Rises, Market Activity Weakens] In the early hours of the 24th Beijing time, US President Trump entered the final week before the start of his holiday this week. Market transactions and activity weakened as the market began to enter the Chinese New Year break.