On February 10, the cell manufacturing base project within the Yibin Energy Storage Industrial Park broke ground. Located in the core industrial area of Yibin Xuzhou New District, Sichuan Province, the cell manufacturing base project will be constructed in two phases, with an overall planned annual production capacity of 54GWh for energy storage cells, aiming to establish an industry-leading intelligent manufacturing base. Currently, the preliminary work for the project has been completed. The main structure is expected to be finished by the end of September 2026, followed by equipment installation and commissioning, with trial production scheduled for November 2026.

GREW Solar has received approval under India’s Approved List of Models and Manufacturers (ALMM) for 3 GW of manufacturing capacity at its Dudu, Rajasthan facility. The approval covers its G12R bifacial n-type TOPCon modules, which feature efficiencies up to 23.14% and power output ratings of up to 635 W. Inclusion in the ALMM allows these modules to be deployed in government-mandated and open-access projects. The company claims the high-power G12R series can reduce module count by 6-8% per MW, lowering balance-of-system (BOS) costs like cabling and land. GREW plans to expand its total module capacity to 11 GW by late 2026 and is establishing an 8 GW cell facility in Madhya Pradesh.

The US Department of Justice has withdrawn its defense of the executive order that paused tariffs on solar imports from Southeast Asia (Cambodia, Malaysia, Thailand, and Vietnam), leaving the solar industry exposed to an estimated $50 billion to $70 billion in retroactive duties. If the industry fails to overturn the lower court's ruling, which declared the administration lacked the authority to waive these penalties, developers could face crippling tariffs of up to 200% on the 88 GW of capacity imported during the moratorium, marking a decisive policy pivot toward protecting domestic manufacturing.

Pahal Solar has expanded its solar module manufacturing capacity to 3 GW, with the additional output successfully included in India’s Approved List of Models and Manufacturers (ALMM) as of February 7, 2026, and certified under BIS 2023 standards. Aligning with government push for domestic manufacturing, the company has also commenced construction on a new manufacturing complex in Surat. This new facility will house a 2 GW Tunnel Oxide Passivated Contact (TOPCon) solar cell unit and a 2 GW aluminum frame production unit, both targeted for commissioning by late 2026.

Gravita India has agreed to acquire Rashtriya Metal Industries for roughly ₹800 crore, marking the company’s entry into the copper alloy segment and broadening its footprint beyond lead recycling into broader metal recycling and manufacturing.

1. Procurement Conditions This procurement project for Cold Rolling and Silicon Steel Backup Roll, among other items (AGGFGSHGXHD260209268395), is procured by the Production Spare Parts Procurement Department of the Equipment and Materials Procurement Center of Ansteel Co., Ltd. The procurement project funds are self-raised. The project has met the procurement conditions and is now conducting an open inquiry and comparison. 2. Project Overview and Procurement Scope .2.1 Project Name: Cold Rolling and Silicon Steel Backup Roll, among other items 2.2 Procurement Failure Leading to Alternative Procurement Method: Switch to Negotiated Procurement 2.3 The procurement content, scope, and scale of this project are detailed in the attachment "Material List Attachment.pdf". 3. Bidder Qualification Requirements 3.1 Consortium bidding is not allowed for this procurement. 3.2 This procurement requires bidders to possess the following qualification requirements: See attachment (if required) 3.3 This procurement requires bidders to meet the following registered capital requirement: For manufacturing entities: Registered capital of 3 million yuan or more 3.4 This procurement requires bidders to possess the following performance requirements: See attachment 3.5 This procurement requires bidders to possess the following capability requirements, financial requirements, and other requirements: Financial requirements: See attachment Capability requirements: See attachment Other requirements: See attachment 3.6 For projects that by law must undergo tender procedures, bids submitted by discredited persons subject to enforcement shall be invalid. 4. Procurement Document Acquisition 4.1 Interested bidders please log in to the Ansteel Intelligent Tender and Bidding Platform at http://bid.ansteel.cn from 09:30 on February 10, 2026, to 13:15 on February 26, 2026 (Beijing Time, the same hereinafter) to download the electronic procurement documents. Click to view tender details:

[SMM Analysis: Space PV Stimulates Market Sentiment to Heat Up, Yet the Path to PV Commercialization Remains Long] On January 22, Musk strongly endorsed space PV during the World Economic Forum annual meeting in Davos, Switzerland, and disclosed key capacity plans. Musk stated that SpaceX and Tesla are simultaneously advancing solar capacity expansion, aiming to achieve an annual solar manufacturing capacity of 100 GW within the next three years to power ground-based data centers and space AI satellites. Following the earlier visit by Musk's SpaceX team to China to meet with Chinese PV enterprises, market sentiment in the PV sector further rose.

According to the Financial Times, former President Trump is expected to exempt companies such as Amazon, Google, and Microsoft from impending tariffs on chips, as these companies are racing to build data centers that power the AI boom. Informed sources reveal that the US Department of Commerce plans to provide tariff exemptions for US hyperscale data center operators, which will be linked to TSMC's investment commitments. This exemption plan highlights President Trump's determination to impose tariffs on chips and incentivize domestic chip manufacturing in the US, while also offering some relief to companies heavily reliant on imported semiconductors that drive the rapid development of American artificial intelligence. A government official familiar with the plans cautiously stated that these plans are still subject to change and have not yet been signed by the President.

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Maintained a Fluctuating Upward Trend During the Night Session, with Market Transactions Dominated by Scattered Orders for Immediate Needs]

Gotion High-tech disclosed a plan for a private placement of A-shares, intending to raise no more than 5 billion yuan through the issuance. After deducting issuance expenses, the funds will be fully allocated to the annual 20GWh power battery project, the Gotion High-tech 20GWh new energy battery base project, the new-type lithium-ion battery intelligent manufacturing base project, and to supplement working capital. The announcement stated that with the explosive growth of the new energy industry, the demand in the new energy lithium battery market is increasingly expanding, and shipments of power batteries and ESS batteries continue to grow.