Wedoany.com Report-Jun 14, Jinchen Technology announced plans to establish a wholly owned subsidiary in Malaysia through its Singapore-based unit. The project involves an investment of USD 6.5 million (CNY 47.2 million), funded through internal or self-raised capital. The initiative is intended to strengthen Jinchen’s position in the global photovoltaic (PV) equipment market and improve supply chain responsiveness and operational efficiency.

China National Nuclear Corporation (CNNC) released the results of its centralized solar module procurement for 2025–2026, with a total tender volume of 26.667 GW. JA Solar ranked first among the selected suppliers, followed by Longi and Chint New Energy. Other shortlisted companies included Yingli, Trina Solar, Tongwei, and Jinko. Specific allocation volumes per supplier were not disclosed in the announcement.

Canadian Solar, in a June 5 investor update, projected its second-quarter module shipments at between 7.5 GW and 8.0 GW, with full-year expectations ranging from 25 GW to 30 GW. For energy storage systems, second-quarter deliveries are forecast at 2.4–2.6 GWh, with 2025 annual volumes estimated at 7.0–9.0 GWh. The company cited tariff-related uncertainties as a factor that may result in some energy storage project deliveries being deferred to 2026. As of March 31, Canadian Solar’s storage division, e-STORAGE, held a pipeline of 91 GWh in projects and had contracted orders valued at USD 3.2 billion (CNY 22.98 billion), including long-term service agreements.

According to the China Nonferrous Metals Industry Association (CNMIA), polysilicon prices remained stable during the week of June 4. Production in May reached 101,600 tonnes, showing a month-on-month increase of 2.52%. Supply in June is expected to stay steady, although a gradual decrease is forecast for the third quarter of the year.

Wafer prices also remained consistent. Average prices for N-type G10L wafers (182×183.75 mm, 130 μm) were CNY 0.95 per piece. G12R wafers (182×210 mm, 130 μm) averaged CNY 1.10 per piece, while G12 wafers (210×210 mm, 130 μm) were priced at CNY 1.30. Operating rates in the wafer segment held at approximately 53%, with tier-one producers running at 50%–56%, and vertically integrated manufacturers operating at levels ranging from 54% to 80%.

These developments reflect ongoing activity across the PV sector, including international expansion, procurement coordination, shipment adjustments, and stable raw material conditions. The sector continues to adapt to global demand dynamics and evolving supply chain considerations.