Weekly Fixed Capacity of 32,575.41 MW, Average Winning Bid Price 0.71 yuan/W [SMM Statistics]

Published: Mar 13, 2025 17:12 (GMT+8)

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During the week of March 3 to March 9, 2025, SMM statistics showed that domestic enterprises won a total of 32 PV module projects, with the winning bid price range concentrated between 0.71-0.75 yuan/W. The weighted average price for the week was 0.71 yuan/W, an increase of 0.04 yuan/W compared to the previous week. The total awarded procurement capacity was 32,575.41 MW, an increase of 32,364 MW compared to the previous week.

SMM March 13 News: During the week of March 3 to March 9, 2025, SMM statistics showed that 32 PV module project sections were awarded to multiple companies in China, including Jinko Solar Co., Ltd., Tongwei Co., Ltd., and JA Solar Technology Co., Ltd. Among these, 18 projects disclosed their installed capacity. This week's finalized procurement module models included N-type TOPCon, N-type BC, and N-type heterojunction PV modules. The winning bid price range was concentrated between 0.71-0.75 yuan/W; the weighted average price for the week was 0.71 yuan/W, an increase of 0.04 yuan/W compared to the previous week. The total awarded procurement capacity was 32,575.41 MW, an increase of 32,364 MW compared to the previous week. The confirmed N-type module procurement capacity for the week was approximately 28,764 MW, accounting for 88.30%.

Key bidding information for the week:
1. China Datang Corporation's 2025-2026 PV Module Framework Procurement Section 1 - N-type TOPCon PV Module Procurement Project, with a planned total installed capacity of 19.5 GW for TOPCon modules. Six companies, including Jinko Solar Co., Ltd., Tongwei Co., Ltd., and JA Solar Technology Co., Ltd., won the bid at a price of 0.71 yuan/W.
2. China Datang Corporation's 2025-2026 PV Module Framework Procurement Section 2 - N-type Heterojunction PV Module Procurement Project, with a planned total installed capacity of 2,000 MW for N-type heterojunction PV modules. Anhui Huasheng New Energy Technology Co., Ltd. and Risen Energy Co., Ltd. won the bid at a price of 0.71 yuan/W.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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