TAQA Morocco, part of Abu Dhabi National Energy Company (TAQA), has partnered with Moroccan energy firm Nareva and the Mohammed VI Fund for Investment to develop 1.2 GW of renewable energy projects and related transmission infrastructure.

JinkoSolar has secured a contract to supply its N-type TOPCon modules for a 100-megawatt solar project in Azerbaijan’s Caucasus region.

Kuwait has opened the bidding process for a 500-megawatt solar photovoltaic (PV) plant, as part of Phase III, Zone 2 of the Al Dibdibah and Al Shagaya Renewable Energy Program.

China Energy has officially commissioned the Shuaibah Solar Power Plant in Jeddah, Saudi Arabia, now the largest solar power facility in the Middle East with a total capacity of 2.6 GW.

Dubai Electricity and Water Authority (DEWA) hosted a high-level German delegation led by HE Sybille Pfaff, Consul General of Germany in Dubai, to explore partnerships in renewable energy and green hydrogen.

On May 28, the candidates for the PV module procurement tender of the Mulei 300,000 kW PV project of Xinjiang New Energy Research Institute Co., Ltd. were announced. The first-ranked winning candidate was Huansheng PV (Jiangsu) Co., Ltd., the second-ranked winning candidate was DAS Solar New Energy Technology Co., Ltd., and the third-ranked winning candidate was Zhejiang GePu Solar Energy Technology Co., Ltd.

[SMM Analysis: May draws to a close! Glass prices fall by nearly 1 yuan/m²] Current glass quotations for May are as follows: 2.0mm single-layer coating (12.8-13.4 yuan/m²); 2.0mm double-layer coating (13.8-14.4 yuan/m²); 3.2mm single-layer coating (21-22 yuan/m²); 3.2mm double-layer coating (22-23 yuan/m²); 2.0mm back glass (11.5-12.5 yuan/m²). As of now, glass prices in the market have been adjusted downward multiple times in May. The mainstream quotation for 2.0mm glass was 13.8 yuan/m² at the beginning of the month, and had fallen to 13.2 yuan/m² by month-end, representing a significant decrease. This month, module enterprises have shown low purchase willingness, and overall price negotiations have mainly focused on driving down prices. Given the continued downward trend in module scheduled production, it is expected that new order glass prices will continue to decline in June.

[SMM Silicon-Based PV Morning Meeting Summary: Sluggish Transactions in the Wafer Market, Tightening Supply of Cells] The price of N-type 18X wafers in the market is 0.93-0.95 yuan/piece, and the price of N-type 210RN wafers is 1.05-1.1 yuan/piece. The mainstream quotation for Topcon 183 solar cells (with an efficiency of 25% or above) is around 0.25-0.255 yuan/W. The mainstream transaction price for Topcon 210RN is 0.265 yuan/W, with a quotation range of 0.265-0.27 yuan/W. The price of Topcon 210 solar cells is around 0.265-0.275 yuan/W. The mainstream quotation for HJT 30% silver-coated copper (with an efficiency of 25% or above) is 0.34-0.35 yuan/W.

According to SMM, since mid-May, with the end of the domestic PV installation rush and poor order performance, the operating rate of silver nitrate production has declined. In May, silver nitrate production fell by 17% MoM. Entering June, the pessimistic outlook for orders in the PV sector remains unchanged, and silver nitrate enterprises have no short-term expectations of recovery. Some enterprises are still maintaining an operating rate of less than 50%, and silver nitrate production in June is expected to remain flat or decline slightly compared to May.