On June 23, the shortlisted candidates for the 2025 Flexible Support Procurement Supplier Project were announced. The first-ranked candidate is Huiyao Pinshang Energy Technology (Jiaxing) Co., Ltd., the second-ranked candidate is Jiangsu Chengbu Construction Engineering Co., Ltd., and the third-ranked candidate is Jiangsu Arctech New Energy Technology Co., Ltd.

Dubai Electricity and Water Authority (DEWA) announced that the Mohammed bin Rashid Al Maktoum Solar Park has reached an installed capacity of 3,860 MW, with 800 MW added in 2025 from its ongoing sixth phase, developed by Masdar.

KEC International, a subsidiary of RPG Enterprises, has secured a major contract for 380 kV overhead transmission lines in Saudi Arabia, as part of a broader Rs 22 billion ($258.7 million) order package.

GameChange Solar has signed a contract with ACME Greentech Ventures FZCO to supply its Genius Tracker™ 1P Single Row system for a 450 MWp solar project in Duqm, Oman.

[SMM Silicon-based PV Morning Meeting Summary: The overall price center of wafers shifts towards 0.88 yuan/piece, with significant further production cuts for 183N solar cells] Wafer: The market price of N-type 18X wafers is 0.88-0.9 yuan/piece; the price of 210R wafers is 1.03-1.1 yuan/piece. Wafer prices continue to weaken, with the overall price center currently shifting towards 0.88 yuan/piece. Solar cell: The overall inventory of export-oriented factories remains in an accumulating trend, although the growth rate of inventory buildup has decreased by 7 percentage points MoM. This is mainly due to significant production cuts on the 183 production line. It is expected that inventory levels will begin to pull back around month-end.

On June 23, the National Energy Administration released the national power industry statistics for the period from January to May. Among them, the installed power generation capacity for solar energy was 1.08 billion kW, up 56.9% YoY; the installed power generation capacity for wind energy was 570 million kW, up 23.1% YoY. From January to May 2025, the newly added PV capacity reached 197.85 GW, with a single-month addition of 92.92 GW in May. Compared to the same period in 2024, this represents a significant surge of 388% YoY.

On June 23, the National Energy Administration released the national power industry statistics data for the period from January to May.

[SMM Analysis: New PV Installations in May Surged 383.2% YoY - What Will Demand Be Like in H2?] On the 23rd, the National Energy Administration announced the new installations in China for May. Data showed that in May 2025, domestic PV installations reached approximately 92GW, up 383.2% YoY and over 100% MoM, hitting a new record high for the same period in history. Domestic new PV installations totaled 197.85GW, up 150% YoY.

From June 16, 2025, to June 22, 2025, SMM recorded a total of nine domestic enterprises winning bids for PV module projects that week. The winning bid prices for PV modules were concentrated in the range of 2.79 to 2.79 yuan/W, with a weekly weighted average price of 2.79 yuan/W. This represented an increase of 2.03 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 404.09 MW, an increase of 280.20 MW compared to the previous week.