[SMM Briefing] 7.6-7.12 PV module awarded capacity 1,482.42 MW, average winning bid price 0.72 yuan/W

SMM reported on July 15:

During the current statistical period from July 6 to July 12, 2026, SMM recorded a total of 43 winning bids in China, including those from Jinko Solar Co., Ltd., Tongwei Co., Ltd., TCL Zhonghuan New Energy Technology Co., Ltd., Hongrun (Xuancheng) Electric Power Development Co., Ltd., Hoyuan Green Energy Co., Ltd., GCL SI Technology Co., Ltd., and others. Among these, 26 projects disclosed winning capacity and 17 projects disclosed winning prices. The main module type procured and awarded during this period was N-type modules.

According to SMM analysis, the majority of winning capacity fell within the 100MW-500MW range, with 4 sections accounting for 56.80% of the total disclosed winning capacity. The chart above shows the capacity and average price by winning bid range. Details are as follows:

1. 0MW-1MW range: 4 sections, 0.14%, average price 0.84 yuan/W;
2. 1MW-6MW range: 4 sections, 1.17%, average price 0.749 yuan/W;
3. 6MW-50MW range: 10 sections, 16.59%, average price 0.76 yuan/W;
4. 50MW-100MW range: 4 sections, 25.30%, average price 0.676 yuan/W.
5. 100MW-200MW range: 2 sections, 18.35%, average price 0.732 yuan/W.
6. 200MW-500MW range: 2 sections, 38.45%, average price 0.72 yuan/W.

The weighted average price during this statistical period was 0.72 yuan/W, a decrease of 0.07 yuan/W from last week. In terms of total winning procurement capacity, the current period recorded 1,482.42 MW, down 12,654.58 MW from the previous period. This was attributable to the fact that the previous period included a total of 11,000 MW from China Datang Corporation Limited’s “PV Module Framework Procurement for 2026-2027”.

Regarding the regional distribution of sections, Sichuan had the highest winning capacity at 570.03 MW, accounting for 38.45% of the current period, followed by Shandong at 329 MW, accounting for 22.19%.

Key winning bid information during the statistical period (July 6-12):

Jinko Solar Co., Ltd. won 340.63 MW of “PV Module Equipment for the Aba Jinchuan Dusong 400MW Photovoltaic Project (Phase I) of Dadu River Company” at an average price of 0.737 yuan/W.

TCL Zhonghuan New Energy Technology Co., Ltd. won 148.76 MW of “Phase II PV Modules for the Guodian Power Tianjin Haijing Salt-Solar Hybrid 1000MW Project” at 0.732 yuan/W.

Tongwei Co., Ltd. won 229.4 MW of “PV Module Equipment for the Dadu River Company Ya’an Hanyuan Qingxi Photovoltaic Power Generation Project” at 0.695 yuan/W.