Polysilicon: Polysilicon production rose slightly MoM in April thanks to new production lines.

Indonesia's planned solar energy exports from Batam to Singapore are stalled due to financing hurdles. Developers aim to deliver up to 3.4 GW by 2028 but struggle to secure bank loans because an Indonesian regulation requires export permits to be renewed every five years. This clashes with the 20-25 year certainty that financiers demand, rendering the massive projects 'unbankable'.

Qcells has officially restored normal solar panel production at its Georgia facilities, ending a 'temporary pause' that forced the furlough of 1,000 workers in November 2025. The disruption stemmed from US Customs detaining solar cell shipments from South Korea under the UFLPA, allegations Qcells has consistently denied, asserting its supply chain is completely outside of China's Xinjiang region. With components now clearing customs, the manufacturer is pressing forward with its $2.5 billion expansion. By the end of 2026, Qcells targets a combined 8.4 GW of annual module capacity across its Dalton and Cartersville plants, employing nearly 4,000 workers to build a 'complete American solar supply chain'.

[SMM Silicon-Based PV Morning Meeting Minutes: Silicon Metal Prices Recovered Slightly; Module Prices Temporarily Stable] Over the weekend, N-type recharging polysilicon was quoted at 45-53 yuan/kg, the N-type polysilicon price index stood at 48.21 yuan/kg, and granular polysilicon was quoted at 43-45 yuan/kg. Polysilicon prices remained temporarily stable over the weekend. Bearish market sentiment was strong, with limited transactions this weekend. The market focused on subsequent order signings and operating dynamics of top-tier enterprises.