Four Chinese authorities have jointly issued Order No. 42, the Measures for the Minimum Share of Renewable Energy Consumption and the Implementation System for Renewable Energy Power Consumption Responsibility Weights on Monday, 22 June 2026.

The weekly average electricity price stood in excess of €115 ($131.08)/MWh across most major European markets last week after much of the continent dealt with a heatwave, AleaSoft says.

China has introduced mandatory national standards tightening energy consumption and efficiency requirements across the PV value chain, from polysilicon to modules and inverters. The rules, effective Jan. 1, 2027, are expected to reshape manufacturing, procurement and project selection toward higher-efficiency, lower-energy-intensity products.

Solar panel imports to the Philippines are continuing to grow as residential electricity tariffs rise to the highest in southeast Asia, with an estimated 3 GW of imported Chinese panels currently destined for the country.