Daqo New Energy announced that its subsidiary, Daqo Energy Technology (Shanghai), has signed an investment agreement with the Kunshan Economic and Technological Development Zone Administrative Committee. Under the agreement, the company will establish a project entity to develop a manufacturing base for smart energy systems with a total investment of CNY 6 billion ($835 million). The polysilicon manufacturer said the facility will focus on the research, production and commercialization of integrated smart energy solutions and related equipment, including energy storage systems, solid-state transformers, solid-state circuit breakers and solid-state batteries. It is intended to support next-generation power distribution and smart energy integration systems for AI data centers (AIDCs).
The Silicon Industry Department of the China Non-ferrous Metals Industry Association (CNIMA), meanwhile, reported that polysilicon prices continued to decline. N-type rechargeable polysilicon traded at CNY33,000–34,000/ton ($4,590–4,730/ton), with an average transaction price of CNY33,900/ton, down 2.31% week on week. N-type granular silicon traded at CNY 33,000-34,000/ton, with an average price of CNY 33,500/ton, down 1.47% week on week. The association also reported stable waffle prices in all major product categories. Average transaction prices remained unchanged at CNY 0.93 per piece for n-type G10L wafers (182 mm × 183.75 mm, 130 μm), CNY 1.00 per piece for n-type G12R wafers (182 mm × 210 mm, 130 μm) and CNY 1.17 per piece for n-type G12 wafers (210 mm x 210 mm, 130 μm).
China General nuclear energy New energy (CGN New Energy) has released the shortlist for the framework purchase of PV modules for 2026. Selected bidders include TCL Zhonghuan, Gokin Solar, JA Solar, JinkoSolar, GCL System Integration, Yingli Energy and Astronergy. Bidding prices ranged from CNY 0.742/W to CNY 0.770/W (USD 0.103/W–0.107/W). The tender includes two procurement packages covering a total of seven lots, each with a capacity of 1.2 GW, representing a total procurement volume of 8.4 GW. Framework agreements have a validity of one year from the date of signature of the contract.
