[SMM PV] Module Energy Efficiency National Standard to Be Released Soon

[SMM Analysis: Looking back at H1 2026, the polysilicon market, due to prominent overcapacity issues compounded by historical inventory and other factors, although occasionally rebounding on the back of policy expectations, the overall downward "downtrend" persisted. Looking ahead to H2 2026, SMM believes that from the supply-demand or capacity side, it is difficult to see significant spontaneous improvement. Key focus areas are policy expectations and cost dynamics—cost determines the price floor, while policy determines the price trend.

Since the start of the year, growth in the European solar market has slowed markedly. SMM expects total new solar installations in the European market to fall to around 68.5GW in 2026, a year on year decline of about 2 percent. Alongside softening demand, multiple EU level supply chain restriction policies continue to advance, including the Net Zero Industry Act (NZIA), the Industrial Accelerator Act (IAA), and restrictive measures targeting inverters from so called high risk countries.

Jinko Energy Storage, a globally leading energy storage enterprise and a subsidiary of Jinko Solar Co., Ltd., recently officially signed a contract with clean energy developer Taliva Energy during the Intersolar Europe exhibition in Munich, securing cooperation on a utility-scale energy storage system project totaling 400 MWh in the Eastern European region.