[SMM Brief] PV module bidding capacity from 7.2-7.26 was 3,567.35 MW, with an average winning bid price of 0.75 yuan/W

SMM, July 29:

During the statistical period from July 20, 2026 to July 26, 2026, SMM recorded a total of 41 winning bids in China, including those from Tongwei Co., Ltd., Xinjiang Tianfu Tianyao New Energy Technology Co., Ltd., Zhejiang AIKO Solar Energy Technology Co., Ltd., Jinko Solar Co., Ltd., Yingli Solar Energy Development Co., Ltd., TCL Zhonghuan New Energy Technology Co., Ltd., and Hunan Redsolar New Energy Technology Co., Ltd. Among these, 29 projects disclosed winning capacity and 11 projects disclosed winning prices. The main module type procured and finalized in this period was N-type modules.

According to SMM analysis, the key winning capacity range in this period was 500MW–1,000MW, with 3 sections accounting for 82.41% of the total disclosed winning capacity. The figure above illustrates the capacity and average price of each winning range. Specific details are as follows:

1. The 0MW–1MW range had 10 sections accounting for 0.12%, with an average price of 0.778 yuan/W;
2. The 1MW–6MW range had 8 sections accounting for 0.52%, with an average price of 0.733 yuan/W;
3. The 6MW–50MW range had 3 sections accounting for 1.18%, with an average price of 0.710 yuan/W;
4. The 50MW–100MW range had 2 sections accounting for 5.61%, with an average price of 0.771 yuan/W.
5. The 100MW–200MW range had 3 sections accounting for 10.16%, with an average price of 0.745 yuan/W.
6. The 500MW–1,000MW range had 3 sections accounting for 82.41%, with the average price undisclosed.

The weighted average price in this period was 0.75 yuan/W, an increase of 0.03 yuan/W from the previous week. For total procured winning capacity, this period recorded 3,567.35MW, an increase of 2,084.93MW from the previous statistical period.

In terms of regional distribution of sections, the region with the highest winning capacity in this period was Xinjiang with 2,940MW, accounting for 82.41% of the period’s total, followed by Inner Mongolia with 212.13MW, accounting for 5.95% of the total.

Key winning bid information during the period 7.2-7.26:

Tongwei Co., Ltd. won the bid for 980MW of the "PowerChina Zhongxin Jian Shi Ma Bing Di Integration 2GW PV Base Project (Manas Jieyun 098GW) EPC General Contracting Project PV Module (Section 1)."

Xinjiang Tianfu Tianyao New Energy Technology Co., Ltd. won the bid for 980MW of the "PowerChina Jiangxi Institute Zhongxin Jian Shi Ma Bing Di Integration 2GW PV Base Project (Manas Jieyun 098GW) EPC General Contracting Project PV Module (Section 2)."