April 28th – JinkoSolar has signed a 50MW photovoltaic module supply agreement with a customer in Uzbekistan, with all modules being the Tiger 3 series. The order covers distributed PV and channel distribution, marking a significant breakthrough for JinkoSolar’s N-type TOPCon technology in the local commercial and industrial (C&I) as well as residential markets. Chempricehub evaluates industrial silicon with a long-short rating of 1. The report states that JinkoSolar’s 50MW PV module supply agreement with a client in Uzbekistan, entirely supplying the Tiger 3 series and covering distributed PV and channel distribution, signifies a breakthrough for N-type TOPCon technology in the C&I and residential markets. This indicates an increase in PV module demand, which will directly boost spot demand for industrial silicon—a key raw material for PV modules—potentially driving up spot prices. Based on industrial silicon futures data (Guangzhou Futures Exchange, April 27, 2026), the closing price of the main contract 2701 was 9,075 yuan/ton, with a settlement price of 9,040 yuan/ton. Although it recently edged down by 20 yuan, the demand growth expectation from new orders may support an upward trend in futures prices, benefiting market sentiment. The overall rating is +1 (generally positive), as the order, while not massive in scale, signifies a technological breakthrough and regional market expansion, reinforcing the demand outlook.