The weekly awarded capacity was 742.5 MW, with an average winning bid price of 0.8 yuan per watt [SMM statistics].

Published: Apr 22, 2025 14:09
From April 14 to April 20, 2025, SMM statistics showed that domestic enterprises won 37 PV module projects during the week. The winning bid price for modules was concentrated in the range of 0.69-0.95 yuan/W. The weekly weighted average price was 0.72 yuan/W, a decrease of 0.01 yuan/W compared to the previous week. The total procurement capacity of winning bids was 742.5 MW, a reduction of 209.77 MW compared to the previous week.
SMM April 22 News: From April 14 to April 20, 2025, SMM statistics showed that domestic companies including LONGi Green Energy Technology Co., Ltd., Jinko Solar Co., Ltd., and JA Solar Technology Co., Ltd. won a total of 37 sections of PV module projects, among which 18 projects disclosed installed capacity. The procurement of finalized module models this week included N-type and P-type PV modules. The winning bid price of the modules was concentrated in the range of 0.69-0.95 yuan/watt. The weekly weighted average price was 0.72 yuan/watt, a decrease of 0.01 yuan/watt compared to the previous week. The total procurement capacity of the winning bids was 742.5 MW, a decrease of 209.77 MW compared to the previous week. The procurement capacity of N-type modules with clear statistics for the week was about 462.53 MW, accounting for 62.29%. The main winning bid information for the week: The PV module procurement project (Section 1) of the 300 MW PV project in Tongqing Midong District, Xinjiang, with a total installed capacity of 300 MW and N-type bifacial double-glass PV modules with a power of 585 W. Ningbo Hongtu Petrochemical Co., Ltd. was the first winning bid candidate with a bid price of 129.9999 million yuan. The PV module procurement project of the 40.009 MWp PV project of Shandong Shihuang Agricultural and Photovoltaic Complementary Project of PowerChina Shandong Electric Power Construction No. 3 Company, with a total installed capacity of 40.01 MW of PV modules. LONGi Green Energy Technology Co., Ltd. won the bid.

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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