The awarded capacity in a single week was 970.92 MW, with an average winning bid price of 0.69 yuan/W {{[SMM statistics]}}

Published: Apr 29, 2025 09:20
From April 21, 2025, to April 27, 2025, SMM statistics showed that domestic enterprises won a total of 44 PV module projects during the week. The winning bid price range for regular PV modules was concentrated at 0.68-0.7 yuan/W, while that for perovskite PV modules was concentrated at 1.80-1.89 yuan/W. The weighted average winning bid price for regular PV modules for the week was 0.69 yuan/W, a decrease of 0.03 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 970.92 MW, an increase of 228.42 MW compared to the previous week.

SMM News on April 29: From April 21, 2025, to April 27, 2025, SMM recorded a total of 44 sections of PV module projects won by multiple domestic enterprises, including LONGi Green Energy Technology Co., Ltd., DAS Solar Technology Co., Ltd., and GCL Energy Technology Co., Ltd., with 22 sections disclosing installed capacity . The types of PV modules procured and awarded this week included N-type and perovskite PV modules , among others. The winning bid prices for regular PV modules were concentrated in the range of 0.68-0.7 yuan/W , while those for perovskite PV modules were concentrated in the range of 1.80-1.89 yuan/W . The weighted average price of regular PV modules this week was 0.69 yuan/W , a decrease of 0.03 yuan/W compared to last week. The total procurement capacity awarded was 970.92 MW , an increase of 228.42 MW compared to last week. The procurement capacity of N-type modules specified this week was approximately 860.35 MW, accounting for

88.61%.

  1. Key bidding information this week: The procurement project for perovskite PV module equipment (Section 2) by Huaneng Qingdao Energy Research Institute, which plans to procure perovskite PV modules with a total installed capacity of 0.75 MW and a power of 120 W. Jidian Guangneng Co., Ltd. won the bid with an average module price of 1.88 yuan/W.
  2. The procurement project for bifacial PV modules/monocrystalline 610 Wp for floating PV and green hydrogen production from green electricity by the Sinopec Material and Equipment Department (International Business Company), which plans to procure PV modules with a total installed capacity of 7.41 MW . DAS Solar Technology Co., Ltd.
won the bid with an average module price of 0.70 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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The awarded capacity in a single week was 970.92 MW, with an average winning bid price of 0.69 yuan/W {{[SMM statistics]}} - Shanghai Metals Market (SMM)