[SMM Statistical Brief] The fixed capacity in a single week was 512.47 MW, with an average winning bid price of 0.69 yuan/W

Published: Jun 9, 2025 17:51
From June 2, 2025, to June 8, 2025, SMM recorded a total of 17 domestic enterprise-won PV module projects that week. The winning bid prices for PV modules were concentrated in the range of 0.69-0.75 yuan/W, with a weighted average winning bid price of 0.69 yuan/W for the week, representing an increase of 0.01 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 512.47 MW, a decrease of 225.5 MW compared to the previous week.

SMM News on June 9:

From June 2, 2025, to June 8, 2025, SMM compiled statistics on domestic bid winners for the week, including LONGi Lerri Solar Technology Co., Ltd., Yunnan Yongxie Trading Co., Ltd., Huijin Energy (Guangzhou) Co., Ltd., Zhejiang Yaogang Holding Co., Ltd., XIANGYUSERAPHIMENERGYPTE.LTD., and other companies, totaling 17 projects, of which 6 projects disclosed their installed capacities. The main types of PV modules procured and awarded this week were N-type and P-type PV modules.

After data processing and analysis, the winning bid prices for PV modules were concentrated in the range of 0.69-0.75 yuan/W, with a weekly weighted average price of 0.7 yuan/W. The weekly average winning bid price was 0.71 yuan/W, an increase of 0.02 yuan/W compared to the previous week. The total procurement capacity for the weekly winning bids was 512.47 MW, a decrease of 225.5 MW compared to the previous week.

Key bid-winning information during the period from June 2, 2025, to June 8, 2025:

1. The Power Supply Branch of Hebei Jizhong New Energy Technology Co., Ltd. won a bid for 2.6 MW of BC modules, with a project winning capacity of 2.6 MW, and the bid winner was LONGi Lerri Solar Technology Co., Ltd.

2. Yunnan Yongxie Trading Co., Ltd. won bids for the procurement of PV modules for Qingdao Qingtie Smart City Service Operation Management Co., Ltd.'s 5.70 MW PV project and 6.60 MW PV project, with winning bids of 3.9831 million yuan and 4.4876 million yuan, respectively.

3. In the "Announcement of Competitive Negotiation Results for PV Modules for the Tindouf GARADJEBILET Solar Power Plant Project Management Department of China Railway 20th Bureau Group Co., Ltd.", XIANGYUSERAPHIMENERGYPTE.LTD. won a bid for 205.19 MW of PV modules, with the winning bid price undisclosed.

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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