China’s polysilicon trading remained largely dormant, with production cuts accelerating and wafer prices falling week on week, while downstream cell prices continued to rise and module prices held steady, according to a trade group representing China’s non-ferrous metals sector.
The China Non-ferrous Metals Industry Association (CNMA) said polysilicon trade remained largely stalled with only limited exploratory orders completed. One leading producer has halted operations, while two others have implemented production cuts. January production is expected to decline by around 15% month-on-month, largely in line with waffle production schedules, with February production forecast at 82,000 to 85,000 tonnes. The association said most wafer prices fell week on week, with average transaction prices of CNY 1.26 per piece for n-type G10L wafers, down 3.82%; CNY 1.32 for n-type G12R wafers, down 7.04%; and CNY 1.52 for n-type G12 wafers, down 8.43%. Downstream cell prices increased from CNY 0.41/W to CNY 0.45/W, an increase of 4.88%, while module prices remained stable at CNY 0.71/W to CNY 0.75/W.
Hoymiles has signed a supply contract with Indian renewable energy solutions provider KOSOL Energy to supply 360 MW of its HMS series microinverters by 2026. The company said the products are optimized for India’s high temperature, high humidity and high irradiance, as well as for larger module sizes, large-scale commercial and industrial rooftops and complex network environments.
Boway alloy has issued a profit warning and forecast net profit attributable to shareholders of CNY100 million to CNY150 million for the full year 2025, down from 88.9% to 92.6% year-on-year. The China-listed parent of Vietnam-based Boviet Solar said the decline reflects impairment charges related to high U.S. anti-dumping and countervailing duties on Vietnam-made products, which made shifting production uneconomic, as well as reduced subsidies and order losses at its U.S. subsidiary following the passage of the U.S. ‘Big and Beautiful’ Act. Boway Alloy said it is exploring share divestiture options.
PowerChina has signed an engineering, procurement and construction (EPC) contract through its Colombian branch for a 251 MW solar project in the province of Santander, Colombia. The scope includes PV plant development, equipment supply, installation and commissioning, with a string inverter plus tracking system configuration intended to improve generation efficiency and operational stability.
Deje said it applied on Jan 27 to issue H shares and list on the main board of the Hong Kong Stock Exchange. The company said the listing materials were published on the exchange’s website the same day.
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