Latest Update in the SMM Solar Market

India is exactly in the middle of energy transition, with its non-fossil fuel capacity exceeding 50 per cent of the national power mix.

On December 1, 2025, China Daily published a signed article by Li Lecheng, Minister of the Ministry of Industry and Information Technology, titled "Accelerating the Green and Low-Carbon Transformation of Chinese Manufacturing to Promote Global Sustainable Development."

According to a document released by South Korea's Ministry of Economy and Finance on November 26, the "Perovskite-Silicon Tandem Solar Cell" has been officially designated as the 15th National Leading Project. A budget of 33.6 billion won has been allocated in the 2026 fiscal year for technology R&D, standard establishment, and market creation, with the goal of achieving the world's first commercialization by 2030, targeting a cell efficiency of 35% and a module efficiency of 28%.