[SMM PV] Halide's PV Reflective Film Products Successfully Entered the Saudi Market

Huachuang Securities noted that ex-China space PV catalysts continued to emerge, while China's PV sector continued its "anti-involution" efforts. SpaceX plans to procure approximately 1 trillion won worth of PV polysilicon from a subsidiary of South Korea's OCI within 3-5 years. In China, polysilicon price declines narrowed. AIKO initiated the conversion of 11 GW BC cell capacity. It is expected that China's main PV industry chain will undergo capacity rationalization based on the technological capabilities of each segment, with the upstream polysilicon segment emphasizing energy consumption control and the downstream cell and module segment emphasizing conversion efficiency.

Colombia’s Ministry of Mines and Energy has announced a new clean energy auction under Resolution 40208 to secure 15-year supply contracts starting in 2030. The scheme supports solar, wind, battery storage, and hybrid projects through four distinct product categories, including peak-hour supply to incentivize energy storage. By mitigating price volatility and addressing climate-related risks like 'El Niño', the initiative aims to strengthen the national power system and accelerate the integration of renewable energy. The auction process is scheduled for completion by July 31, 2026.