Arctech has signed an agreement with the East China Electric Power Design Institute of PowerChina for the ADQ solar project in the United Arab Emirates, covering 2,091 MW of capacity. The deal was signed at SNEC 2026 in Shanghai on June 3. Arctech also signed a memorandum of understanding with Anhui Zhonghong New Energy for a 1 GW energy storage project aimed at deploying an integrated solar-plus-storage system.
China Energy Engineering Corp. (Energy China) has released its 2026 centralized procurement tender for PV inverters. The tender comprises eight lots with a combined estimated procurement volume of 20 GW. One lot covers central inverters rated at 3.125 MW and above, while the remaining seven lots cover string inverters ranging from 5 kW to more than 3.125 MW.
The China Nonferrous Metals Industry Association (CNMIA) said polysilicon prices declined slightly this week. N-type re-feeding polysilicon traded at CNY 34,000 ($5,019) to CNY 35,000 per metric ton (MT), averaging CNY 34,700/MT, down 1.70% week on week. N-type granular silicon traded at CNY 33,000/MT to CNY 35,000/MT, averaging CNY 34,000/MT, down 0.87%. CNMIA attributed the decline to persistent inventory pressure and shifting supply expectations. Despite a record-low 34.7% operating rate, inventories have risen for 10 consecutive months. The association said planned June production restarts and capacity expansions by several leading manufacturers have increased expectations of looser supply conditions.
The CNMIA also said wafer prices remained stable, with average transaction prices holding at CNY 0.93 per piece for n-type G10L wafers, CNY 1.00 for n-type G12R wafers, and CNY 1.17 for n-type G12 wafers. Downstream cell and module prices were also unchanged, at CNY 0.31-0.33/W and CNY 0.71-0.75/W, respectively. The association added that industry utilization rates edged higher, with leading wafer manufacturers operating at 48% and 50%, integrated producers at 52%-60%, and other manufacturers at 52% to 70%.
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