The awarded capacity in a single week was 404.09 MW, with an average winning bid price of 2.79 yuan/W [SMM Statistical Briefing]

Published: Jun 23, 2025 09:00

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From June 16, 2025, to June 22, 2025, SMM recorded a total of nine domestic enterprises winning bids for PV module projects that week. The winning bid prices for PV modules were concentrated in the range of 2.79 to 2.79 yuan/W, with a weekly weighted average price of 2.79 yuan/W. This represented an increase of 2.03 yuan/W compared to the previous week. The total procurement capacity of the winning bids was 404.09 MW, an increase of 280.20 MW compared to the previous week.

SMM News on June 23:

From June 16, 2025, to June 22, 2025, SMM compiled statistics on domestic winning bids for the week,

including companies such as Changsha Hejing Building Materials Trading Co., Ltd., Cuilian Fire Protection Equipment (Fujian) Co., Ltd., and Shandong Runma Solar Energy Technology Co., Ltd., totaling 9 projects. After data processing, it was disclosed that there were 3 projects with installed capacity. The main type of PV modules procured and awarded this week was N-type modules.

Due to the limited disclosure of winning bid prices this week, with only non-standard module prices disclosed, the disclosed winning bid prices for PV modules were concentrated in the range of 2.79-2.79 yuan/W. The weekly weighted average winning bid price was 2.79 yuan/W, and the weekly average winning bid price was also 2.79 yuan/W, representing an increase of 2.05 yuan/W compared to 0.74 yuan/W last week. The total procurement capacity for winning bids this week was 404.09 MW, an increase of 280.20 MW compared to last week.

Key winning bid information during the period from June 9, 2025, to June 15, 2025:

1. In the section titled "3700KWP Distributed PV Project of Liangshan Company in Chun'an County," Zhejiang Post and Telecommunications Engineering Construction Co., Ltd. won the bid for 3.7 MW of PV modules, with a specific price of 10.323 million yuan.

2. Guangzhou United PV Technology Co., Ltd. won the bid for 625 JA Solar N-type modules in the announcement of the winning candidates for the roof-mounted distributed PV power generation installation project (PV modules) procurement-RFQ of Jiameida (Yingde) Toys Co., Ltd. The winning product had a power of 625W and a total capacity of 0.39 MW.

3. In the "Announcement of Shortlisted Candidates for the PV Module Procurement Project of the 400MW PV Project in Weichang Saiyunxi by PowerChina Chongqing Engineering Corporation," the bid evaluation (project number: P0 WERCHINA-0135-250094) has been completed, and Hebei Chuyusheng Construction Engineering Co., Ltd. won the bid for 400 MW of PV modules.

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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