The Silicon Industry Department of the China Non-ferrous Metals Industry Association (CNMIA) reported on May 27 that polysilicon prices remained stable week over week. N-type charging polysilicon traded at CNY 34,000–36,000/ton ($4,730–$5,010/ton), with an average of CNY 35,300/ton ($4,910/ton). N-type granular silicon also traded at CNY 34,000-36,000/ton, with an average CNY 34,300/ton ($4,770/ton). The association said market activity weakened compared to the previous two weeks, with only three to four producers closing transactions and new orders falling. Market sentiment changed from cautious optimism to a wait-and-see attitude. On May 28, the association reported stable waffle prices for all major formats. Average transaction prices remained at CNY 0.93/piece ($0.13/piece) for N-type G10L wafers (182 mm x 183.75 mm, 130 μm), CNY 1.00/piece ($0.14/piece) for N-type G12R wafers (182 mm x 210 mm, 130 μm) and CNY 1.17/piece ($0.16/piece) for N-type G12 wafers (210 mm x 210 mm, 130 μm). According to the association, both upstream and downstream players remained largely on the sidelines. Suppliers have largely stopped cutting prices, while purchasing demand remains weak as end-market installations have yet to recover.
Chinas National Energy Administration (NEA) on May 25 released electricity sector statistics for the first four months of 2026. The data shows that newly installed solar capacity reached 9.52 GW in April, a decline of 78.95% year-on-year. At the end of April, China’s total installed electricity generation capacity was 3.99 TW, up 14.2% year-on-year. Solar capacity reached 1.25 TW, an increase of 26.2%, while wind capacity reached 660.6 GW, an increase of 22.0%.
On May 27, the Hong Kong Stock Exchange announced the manufacturer of the inverter Aiswei Technology Co. Ltd. had applied for a listing on the motherboard. China Securities Co. International and ICBC International act as joint sponsors. According to the prospectus, cumulative shipments exceeded 70 GW and 3.5 million units as of December 31, 2025, with products deployed in more than 100 countries and regions.
JinkoSolar reported updated proceeds from the sale of its 100% stake in Xinjiang Shibang Solar. The company said it has received CNY126 million ($17.5 million), including a second installment of CNY100 million and CNY26 million in capital utilization interest. JinkoSolar said the payment is expected to increase pre-tax profit by about CNY56 million ($7.8 million) in 2026. The transaction began in 2023 with a total consideration of CNY4.3 billion ($598 million), although part of the payment in the second phase is still outstanding.
TrinaTrackerTrina Robotics’ robotics unit has entered into a strategic partnership with Portugal-based ESI Robotics. The company said it has developed into a full-service PV value service provider and highlighted its self-developed Buildex installation robot series, which it claims doubles installation efficiency while improving site adaptability. Trina described the agreement as a milestone in the global expansion of its PV automation business.
