The awarded capacity in a single week was 830.04 MW, with an average winning bid price of 0.04 yuan/W [SMM statistics]

Published: May 27, 2025 14:18
From May 19, 2025, to May 25, 2025, SMM recorded a total of 27 domestic projects where companies won bids for PV module projects. The winning bid prices for PV modules were concentrated in the range of 0.66-0.82 yuan/W, with a weighted average price of 0.04 yuan/W for the week, representing a decrease of 0.67 yuan/W compared to the previous week. The total procurement capacity for the winning bids was 830.04 MW, an increase of 800.49 MW compared to the previous week.

SMM News on May 19: From May 19, 2025, to May 25, 2025, SMM recorded a total of 27 sections of PV module projects won by multiple enterprises in China, including LONGi Lerri Solar Technology Co., Ltd., Runma Solar Energy Technology (Jinhua) Co., Ltd., Jinko Solar Co., Ltd., and DAS Solar Technology Co., Ltd., with 9 sections disclosing installed capacity. The main types of PV modules procured and awarded this week were N-type and P-type PV modules. The winning bid prices for PV modules were concentrated in the range of 0.66-0.82 yuan/W, with a weighted average price of 0.04 yuan/W for the week, a decrease of 0.67 yuan/W compared to the previous week. The total procurement capacity awarded for the week was 830.04 MW, an increase of 800.49 MW compared to the previous week.

Key winning bid information from May 19 to May 25 during the statistical period:

  1. For the EPC general contracting project of Section 3 of the 500MW PV Power Plant Project of the Hongxing 1+N Project Phase II in Yajiang County, Chengdu Institute of PowerChina, the P-type PV modules were awarded to LONGi Green Energy Technology Co., Ltd. as the first winning bid candidate.
  2. For the PV cell modules of the 150MW Agricultural-PV Complementary PV Project of China Power Construction Corporation Sixth Engineering Bureau Co., Ltd. in Shahe Cejing, the project plans to procure a total installed capacity of 150MW. Jinko Solar Co., Ltd. was the first winning bid candidate.
  3. For the EPC general contracting project of the 500kW Distributed PV Power Generation Project in Nansha District, including PV modules and inverter materials, the project plans to procure a total installed capacity of 0.5MW. Shijiazhuang Qianfeng New Energy Technology Co., Ltd. was the first winning bid candidate with an average module price of 0.82 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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