The awarded capacity in a single week was 2462.70 MW, with an average winning bid price of 0.75 yuan/W [SMM Statistical Briefing]

Published: Jul 7, 2025 15:04

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From June 30, 2025 to July 6, 2025, SMM recorded a total of 37 domestic enterprise-won PV module projects that week. The disclosed winning bid prices for PV modules were concentrated in the range of 0.71 to 0.85 yuan/W, with a weekly weighted average price of 0.753 yuan/W. The total procurement capacity of the winning bids was 2462.70 MW, an increase of 2251.02 MW compared to the previous week.

SMM News on July 7:

From June 31 to July 6, 2025, SMM compiled statistics on domestic winning bids for the week,

including 37 items from companies such as Anhui Guosheng New Energy Technology Co., Ltd., Hubei Boyue Trading Co., Ltd., CECEP Solar Energy Technology (Zhenjiang) Co., Ltd., ZNShine PV-Tech Co., Ltd., and the Huai'an Branch of China Tower Corporation Limited. After data processing, 17 projects with disclosed installed capacity and 3 projects with disclosed winning bid prices for installed capacity were revealed. The main type of PV module purchased and awarded this week was N-type modules.

After data processing and analysis, the winning bid prices for PV modules were concentrated in the range of 0.71 to 0.85 yuan/W, with a weekly weighted average price of 0.753 yuan/W and a weekly average winning bid price of 0.771 yuan/W, a decrease of 0.007 yuan/W compared to the previous week. The total procurement capacity of winning bids was 2462.70 MW, an increase of 2251.02 MW compared to the previous week.

Main winning bid information during the period from 6.23 to 6.29, 2025:

1. In the section "PV Project at the Agricultural Science and Technology Industrial Park in Qushui County, Lhasa City," Sunman (Zhenjiang) New Energy Technology Co., Ltd. won the bid for 10 MW of PV cell modules, with a specific price of 15.225 million yuan, mainly N-type modules.

2. The Huai'an Branch of China Tower Corporation Limited won the bid for 5712 N-type modules from Xinyuan Solar, with a total winning bid capacity of 4.06 MW. The project name is: "Announcement on the Winning Bid for PV Equipment Procurement Project by Jinhu County Guorun Trade Development Co., Ltd."

3. In the "Announcement on the Winning Bid/Transaction Results for the Procurement of PV Modules and Ancillary Equipment for the CGN New Energy Hetian Cele 800 MW PV Desertification Control Project (Section 2)," Zhongnan Institute of Engineering Construction Management Co., Ltd. won the bid for 800 MW of PV modules, with the specific price not yet disclosed.

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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