[SMM Silicon-Based PV Morning Conference Summary] Silicon Metal: Yesterday, SMM oxygen-blown #553 silicon in east China was quoted at 9,400-9,600 yuan/mt, flat from the previous day. The trading range of the most-traded contract in the futures market pulled back compared to the previous day. The SI2511 contract opened at 8,930 yuan/mt, hit a low of 8,855 yuan/mt, and closed at 8,925 yuan/mt, down 25 yuan/mt from the previous day. Supplier quotations were somewhat chaotic, with some silicon enterprises maintaining firm offers due to smooth purchases earlier, while futures traders' quotes weakened in absolute terms as futures pulled back. Polysilicon: Polysilicon N-type recharging polysilicon was quoted at 50.3-55 yuan/kg, granular polysilicon at 49-50 yuan/kg, and the polysilicon price index at 52.44 yuan/kg. Market prices remained generally stable, and transactions progressed steadily. Crystal pulling plants showed some resistance to high-priced resources. Polysilicon enterprises maintained a certain firmness in market sentiment due to their own inventory levels.

At the SMM Indonesia Seminar: Li-ion Battery & Energy Storage hosted by SMM, Katherina Dong, New Energy Business Director at SMM, shared insights on the topic of "Global Battery Energy Storage System Macro and Technology Iteration."

[SMM Silicon-Based PV Morning Meeting Minutes: Silicon Metal Offers Rise, Centralized Module Price Center Declines] Over the weekend, polysilicon N-type recharging material was quoted at 50.2-55 yuan/kg, the N-type polysilicon price index was 52.46 yuan/kg, and granular polysilicon was quoted at 49-50 yuan/kg. Polysilicon prices remained temporarily stable over the weekend. As downstream crystal pulling plants had previously stockpiled sufficient raw material inventory, the market adopted a wait-and-see approach following last week's actual price rise. Currently, low-priced resources are scarce and hard to come by, while high-priced resources face significant resistance, leading to a divergence in the market.

On September 16, the Standardization Administration of China (SAC) solicited public opinions on three mandatory national standards, including "Energy Consumption Limits per Unit Product for Polysilicon and Germanium" and others.

An unexpected wave of energy storage orders is sweeping the industry. The sudden shift in the supply-demand relationship has led to soaring orders across the industry chain, with production lines operating at full capacity still unable to meet demand, marking the beginning of a market-driven industry test.

[SMM Silicon-Based PV Morning Meeting Minutes] N-type recharging polysilicon was quoted at 50-55 yuan/kg, granular polysilicon at 49-50 yuan/kg, and the polysilicon price index at 52.15 yuan/kg. Market prices rose slightly. Recently, downstream wafer prices increased, industry meetings were held as scheduled, and market sentiment recovered. Currently, newly signed orders are mostly above 50 yuan/kg. Several leading manufacturers are expected to implement production cuts, but polysilicon inventory pressure still requires continuous monitoring.

Elmya Energy and Atlantica Sustainable Infrastructure have established a joint venture named Elmantic, focused on developing 4 gigawatts of large-scale renewable energy projects across the United States.

A new solar power initiative in Colombia is projected to help low-income households reduce electricity expenses by 20–40%. Established under Decree 0972 of 2025, the “Colombia Solar” program shifts support for strata 1–3 households from recurring state subsidies to self-supply through solar panel installations.