[SMM PV] AIKO formally signed a 173MW large-scale ground-mounted PV project with Tigon Power of the Philippines.

[SMM Silicon-Based PV Morning Meeting Minutes] Silicon metal: Yesterday, SMM oxygen-blown #553 silicon in east China was near 9,100-9,200 yuan/mt, and #441 silicon was near 9,200-9,300 yuan/mt. The most-traded futures contract consolidated at 8,450-8,500 yuan/mt. The spot-futures price spread of silicon metal strengthened, and coupled with persistently high road freight rates, silicon metal prices in east China stayed relatively firm. Cost support at the bottom for futures prices remains clear, while the upside is capped by the supply-demand relationship, keeping silicon metal prices moving sideways in a narrow range. Wafers: In the market, 18X wafer prices were 0.85-0.87 yuan/piece, 210RN wafers 0.95-0.97 yuan/piece, and 210N wafers 1.15-1.17 yuan/piece. This round, the low end of the range for 210R and 210N wafers edged down by 0.01 yuan/piece, and current prices represent actual trading levels, with overall wafer prices well-supported.

GCL Integration said its self-developed flexible silicon-perovskite tandem solar cell achieved a certified power conversion efficiency of 33.44%, verified by the China Photovoltaic Testing Center (CPVT). The lightweight, flexible design and high specific power make the technology suitable for advanced photovoltaic applications, including aerospace.