On February 7, China Three Gorges Renewables (Group) Co., Ltd. (CTG Renewables) issued the "Resolution Announcement of the Third Meeting of the Third Board of Directors of China Three Gorges Renewables (Group) Co., Ltd.," approving a total of 560 MW of wind and solar projects for investment. According to the announcement, the meeting approved the 110 MW agricultural-photovoltaic complementary project in Langfang, Hebei Province, the 250 MW onshore wind power project in Fuxin City, Liaoning Province, and the 200 MW integrated wind-solar-storage photovoltaic power generation project in Yangquan City, Shanxi Province.

PriceSeek Analysis on Polysilicon, Bull-Bear Score: 2
CTG Renewables' investment in 560 MW of photovoltaic projects, including agricultural-photovoltaic complementary and photovoltaic power generation projects, will directly increase the demand for polysilicon, as polysilicon is the core raw material for photovoltaic cells. The anticipated growth in demand is expected to drive up spot prices, potentially putting pressure on the supply side.

Combined with polysilicon futures data (Guangzhou Futures Exchange, February 6, 2026), recent contracts such as 2610 settled at 51,300 yuan/ton (change: -295) and 2611 settled at 49,980 yuan/ton (change: -20), indicating a short-term decline in prices. However, the new investment decisions are expected to boost market confidence, reverse the downward trend, and support an upward trend in futures prices.

The score is a significant positive +2, as large-scale project investments have a notable positive impact on demand.