Tongwei Co., Ltd. intends to acquire 100% equity of Li Hao Qing Neng.

On February 24 local time, the US Department of Commerce announced preliminary CVD rates for PV product imports from India, Indonesia, and Laos: India’s subsidy rate is generally 125.87%, Indonesia’s is 104.38%, and Laos’ is 80.67%. Following the preliminary CVD ruling, the industry is awaiting the preliminary AD ruling expected around April 21, with the final AD/CVD ruling anticipated to be announced on September 3, 2026. Customs will only begin collecting final tariff duties after the ITC makes its final decision on October 19.

[SMM Silicon-Based PV Morning Conference Summary] Silicon Metal: Post-Chinese New Year, the market exhibited strong wait-and-see sentiment, with silicon enterprise offers remaining basically stable compared to pre-holiday levels. Yesterday, SMM assessed oxygen-blown #553 silicon in east China at 9,200-9,400 yuan/mt and #441 silicon at 9,300-9,600 yuan/mt. The most-traded futures contract fluctuated near 8,350-8,450 yuan/mt, while some futures-spot traders saw their spot-futures price spread quotes strengthen slightly. On the first trading day after the holiday, market activity was dominated by inquiries, with limited spot transaction volumes. Silicone: Yesterday's transaction price stood at 13,800-14,000 yuan/mt, holding steady from pre-holiday levels. During the Chinese New Year holiday, demand remained stagnant. Post-holiday, as downstream plants resumed operations and the first wave of rigid restocking demand gradually emerged, coupled with low operating rates on the supply side and the upcoming silicone monomer industry conference in Zhejiang from late February to early March, silicone prices are still expected to rise.

Morocco’s National Electricity Regulatory Authority (ANRE) has established new net-metering tariffs for excess solar power for the 2026-2027 period. Plant owners connected to high- and medium-voltage grids will receive MAD 0.21 ($0.023)/kWh during peak hours and MAD 0.18/kWh during off-peak hours. However, tariffs for low-voltage residential systems remain undetermined pending a finalized regulatory framework.