The weekly awarded capacity was 4,898.73 MW, with an average winning bid price of 0.71 yuan per watt [SMM statistics].

Published: Mar 31, 2025 15:02

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From March 24 to March 30, 2025, SMM statistics showed that domestic enterprises won 31 PV module projects. The winning bid price range was concentrated at 0.69-0.85 yuan/W. The weekly weighted average price was 0.71 yuan/W, an increase of 0.01 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 4,898.73 MW, an increase of 3,537.14 MW compared to the previous week.

SMM March 31 News: From March 24 to March 30, 2025, SMM statistics showed that domestic companies including Jinko Solar Co., Ltd., LONGi Green Energy Technology Co., Ltd., and DAS Solar New Energy Technology Co., Ltd. won a total of 31 sections of PV module projects. Among them, 21 projects disclosed the installed capacity. The procurement of finalized module models this week included Topcon N-type PV modules. The winning bid price distribution range was concentrated at 0.69-0.8 yuan/W. The weekly weighted average price was 0.71 yuan/W, an increase of 0.01 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 4,898.73 MW, an increase of 3,537.14 MW compared to the previous week. The clear N-type module procurement capacity during the statistical week was about 3,916.92 MW, accounting for 79.96%. Main winning bid information during the statistical week: 1. The distributed PV power generation project on the roof of the standard factory building in the Rare Earth Industrial Park of Changting County (Phase II) PV module procurement project, which plans to procure N-type PV modules with a total installed capacity of 2.31 MW and a power of 615 W. Fujian Hengchuang New Energy Co., Ltd. won the bid at a price of 0.8 yuan/W. 2. The distributed PV power generation project on the roof of Quzhou Zhijian Energy Phase I - PV module procurement project, which plans to procure N-type PV modules with a total installed capacity of 23.34 MW and a power of 590 W. DAS Solar New Energy Technology Co., Ltd. won the bid at a price of 0.69 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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