Germany's Bundesnetzagentur announced the results for its 1st Feb auction. The rooftop PV tender was undersubscribed, awarding 155 MW across 85 bids at a volume-weighted average price of €0.0956/kWh, slightly down from the previous round's €0.0966/kWh. The price cap was €0.10/kWh. North Rhine-Westphalia led with 50 MW awarded. In contrast, the onshore wind tender was massively oversubscribed, receiving 7,858 MW in bids for a 3,445 MW target. The agency awarded 3,345 MW across 439 contracts at an average price of €0.0554/kWh, marking the lowest level since February 2018. Lower Saxony secured nearly 1 GW of the wind capacity.

Wuzhou Yongda Stainless Steel Project secured 2.55 million yuan in central government funding. Meanwhile, Guangdong Zhongqing Environmental Protection received approval for its 600,000-ton/year stainless steel scrap recycling project, which includes sorting and baling production lines. On the raw materials front, Indonesian ferronickel has successfully arrived at Jiangsu ports and entered warehouses, ensuring a steady supply for the domestic market.

1. Procurement Conditions The purchaser of this procurement project, Pangang Vanadium April 2026 Gansu PCI Semi Coke (PGWZMYHHD260327277329), is the Fuel Division of Pangang Group Materials Trading Co., Ltd. The funds for the procurement project were self-raised. The project had met the procurement conditions, and a public single-round negotiation was now conducted. 2. Project Overview and Procurement Scope 2.1 Project Name: Pangang Vanadium April 2026 Gansu PCI Semi Coke 2.2 Alternative Procurement Method in Case of Procurement Failure: Direct procurement 2.3 For the content, scope, and scale of this project procurement, please refer to the attachment "Material List Attachment.pdf" for details. 3. Bidder Qualification Requirements 3.1 Consortium bidding was not allowed in this procurement. 3.2 This procurement required bidders to have the following qualification requirements: (1) Trading business license (2) Manufacturing business license 3.3 This procurement required bidders to meet the following registered capital requirements: Manufacturing registered capital: 5 million yuan and above Trading registered capital: 5 million yuan and above 3.4 This procurement required bidders to have the following performance requirements: Bidders were required to provide similar project performance from January 1, 2023 to the bid submission deadline (copies of contracts must be provided), as well as scanned copies of VAT invoices for the relevant performance. 3.5 This procurement required bidders to have the following capability requirements, financial requirements, and other requirements: Financial requirements: The registered capital of the bidder for this project shall not be less than 5 million yuan, and multiple awards were allowed for this project. The registered capital of bidders that are manufacturing suppliers or trading suppliers shall not be less than 30% of the amount (excluding tax) of the section or bid quantity amount for which they bid; Capability requirements: See the attachment for details (if applicable) Other requirements: (1) Scanned copy of the business license (or duplicate); (2) Scanned copy of the tax registration certificate (or duplicate) (except where the three certificates have been combined into one); (3) Scanned copy of the organization code certificate (or duplicate) (except where the three certificates have been combined into one). (4) New suppliers (those that did not provide a copy of a Pangang contract within the past 6 months under the performance requirements were deemed new suppliers) were required to provide, at the time of bidding, a sample review qualification report issued by Pangang's technical quality department or another state-owned detection entity, valid for three months and dated no earlier than the date of publication of the tender announcement. 3.6 For projects that were legally required to undergo tender, bids submitted by dishonest persons subject to enforcement were invalid. 4. Access to the Procurement Documents 4.1 Any bidder intending to participate was requested to log in to the Angang Intelligent Tender and Bidding Platform at http://bid.ansteel.cn from 13:45 on March 28, 2026 to 13:45 on March 30, 2026 (Beijing time, the same hereinafter) to download the electronic procurement documents. Click to View Tender Details:

Maytech Cleanroom Manufacturing, a subsidiary of iCents Group Holdings Bhd, has been awarded a RM14.1 million (approx. $3.2 million) contract for a data center project in Indonesia. The contract, issued by an Indonesian dealer, covers the design, supply, and delivery of specialized data center systems. Managing Director Vincent Ong Mum Fei stated that the project, scheduled for completion by June 2026, marks the group's expanding footprint in the regional data center market and is expected to contribute positively to future earnings.

The Dutch Ministry of Economic Affairs has granted "strategic" status to two major energy projects under the European Net-Zero Industry Act (NZIA). The status was awarded to Power2X’s eFuels Rotterdam project for sustainable aviation fuel (e-SAF) production and to Sif Holding NV for expanding offshore wind foundation capacity at Maasvlakte. Sif’s expansion is expected to support 3.6–4.2 GW of offshore wind power annually. This designation aims to accelerate permitting and strengthen long-term investment stability for critical green infrastructure in the Port of Rotterdam.

Looking back at 2025, as the transitional implementation year for the "reverse invoicing" policy, the National Development and Reform Commission's "Document No. 770" explicitly required the termination of local governments' non-compliant investment promotion cooperation. Under the policy guidance of building a unified national market, the copper scrap industry has been gradually moving toward a standardized and compliant development track.

Beijing CRE (002350.SZ) announced that it recently received the notification of award for the 2026 Inverter Framework Agreement Procurement Bidding (Section 2) of China Huaneng Group Co., Ltd. The winning bid amount is 576 million yuan, and the target content is PV inverters. As a framework bidding, the specific amount is subject to the officially signed contract. The company has received the notification but has not yet signed the formal contract. This project is expected to have a positive impact on the company's performance in 2026 and beyond, without affecting its operational independence.

This year marks the opening year of the 15th Five-Year Plan period, and China will continue implementing a more proactive fiscal policy. Priority will be given to supporting the building of a strong Chinese market; supporting efforts to accelerate the fostering and strengthening of new momentum, rolling out initiatives for the high-quality development of key manufacturing industry chains, organizing the implementation of the third batch of pilot cities for new-type technological transformation in manufacturing, and continuing the fiscal award and subsidy policy for specialized, refined, distinctive, and innovative small and medium-sized enterprises.

The 2026 SMM (3rd) Global Renewable Metal Industry Chain Summit & Battery Recycling Forum will be held in Tokyo, Japan, from May 11–12, 2026. The summit aims to bring together leading global enterprises, research institutions, industry experts, and policymakers in the fields of renewable metals and battery recycling.

Recently, the China Nonferrous Metals Industry Association (CNIA) officially announced the results of the 2025 credit rating evaluation for enterprises in the nonferrous metals industry. Qinghai Provincial Investment Western Hydropower Company was successfully awarded the industry title of "AAA Credit Enterprise." This rating represents the highest honor in industry credit evaluation and signifies that the enterprise’s achievements in credit development have received authoritative recognition. Next, Western Hydropower Company will take this award as an opportunity to continue deepening the development of its credit system, strengthen compliance management and risk prevention and control, and continuously enhance its corporate governance capabilities.