Chinese solar tracker and solutions provider Arctech has secured a significant contract with the East China Electric Power Design Institute of PowerChina for the ADQ solar project in the United Arab Emirates, totalling 2,091 MW of capacity. The agreement was signed at SNEC 2026 in Shanghai on June 3, highlighting the continued dominance of Chinese manufacturers in large-scale international solar procurement.
Solar-plus-storage momentum grows
Polysilicon prices: slight decline, structural pressure
Wafer, cell, and module prices remained stable. N-type modules traded at CNY 0.71–0.75/W, a level that, if sustained, continues to support favourable economics for new solar installations across Europe. Industry utilisation rates edged upward, with integrated producers running at 52–60% capacity. Several major manufacturers plan to restart or expand production in June, which could push supply even higher in the coming weeks.
On the procurement side, China Energy Engineering Corp. launched a centralized tender for up to 20 GW of PV inverters across eight lots, ranging from small string inverters (5 kW) to large central inverters (3.125 MW and above). This scale of domestic Chinese procurement signals continued strong pipeline growth in the world's largest solar market, with ripple effects on global inverter availability and pricing.
Source: Chinese PV Industry Brief: Arctech wins 2.1 GW solar deal - PV Magazine International· Based on source, with AI-assisted rewriting.
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