[SMM Statistics] Weekly Bidding Capacity Reaches 6.89 GW with an Average Winning Bid Price of 0.69 Yuan/Watt

SMM January 22 News: During the week of January 6 to January 12, 2025, SMM statistics showed that 32 PV module project sections were awarded by multiple domestic companies, including LONGi, DAS Solar, and Risen Energy. Among these, 24 projects disclosed their installed capacity. The PV module models finalized for procurement this week included P-type modules and N-type TOPCon modules. The winning bid price range was concentrated between 0.66-0.69 yuan/W, with a weekly weighted average price of 0.69 yuan/W, an increase of 0.01 yuan/W compared to the previous week. The total awarded procurement capacity was 6,890.39 MW, an increase of 3,289.93 MW from the previous week. The confirmed N-type module procurement capacity during the week was approximately 1,670.08 MW, accounting for 73.13%.

Key winning bid information for the week:

1. The Inner Mongolia 2 million kW "A Power to U" regional mutual aid new energy project (1.7 million kW PV), Inner Mongolia Energy Group Dalate Banner Sand Control 500,000 kW PV Integrated Phase I Project, and Inner Mongolia Energy Group Hangjin Banner Sand Control 1.1 million kW Wind-PV Integrated Phase I Project PV module procurement. The total planned procurement capacity for these projects was 3,508 MW, divided into 5 sections. The required module model was N-type 620W bifacial modules. Section 1 was awarded to Risen Energy, with an average winning bid price of 0.69 yuan/W. Section 2 was awarded to LONGi, with an average winning bid price of 0.74 yuan/W. Section 3 was awarded to Yingli Energy, with an average winning bid price of 0.66 yuan/W. Section 4 was awarded to HuanSheng PV, with an average winning bid price of 0.69 yuan/W. Section 5 was awarded to DAS Solar, with an average winning bid price of 0.69 yuan/W.

2. China Railway 11th Bureau Group First Engineering Co., Ltd.'s PV material procurement project in Guangxi Zhuang Autonomous Region and Hunan Province. This project planned to procure bifacial N-type PV modules with a procurement capacity of approximately 500 MW and module power above 635W. JA Solar Technology was the winning bidder, while Guangzhou Gokin Solar Technology Co., Ltd., Changde Sponge City Construction Investment Development Co., Ltd., and Chongqing Nuohuan Industry and Trade Co., Ltd. were shortlisted as candidate bidders.