The awarded capacity in a single week was 211.68 MW, with an average winning bid price of 0.78 yuan/W [SMM Statistical Brief].

Published: Jun 30, 2025 12:00
From June 23, 2025 to June 29, 2025, SMM recorded a total of 31 domestic enterprise-won PV module projects that week. The disclosed winning bid prices for PV modules were concentrated in the range of 0.69 to 1.24 yuan/W, with a weekly weighted average price of 0.778 yuan/W. The total procurement capacity for the winning bids was 211.68 MW, a decrease of 192.41 MW compared to the previous week.

SMM News on June 30:

From June 23, 2025, to June 29, 2025, SMM compiled statistics on domestic winning bids for the week,

including Dingxi Aoge Trading Co., Ltd., LONGi Green Energy Technology Co., Ltd., Shandong Kaihua Material Technology Co., Ltd., and Shandong Anruite Automation Equipment Co., Ltd., totaling 31 items. After data processing, it was disclosed that there were 20 projects with installed capacity and 4 projects with winning bid prices for installed capacity. The main module types procured and awarded this week were N-type modules.

After data processing and analysis, the winning bid price range for PV modules was concentrated between 0.69 and 1.24 yuan/W, with a weekly weighted average price of 0.78 yuan/W. The weekly average winning bid price was 0.89 yuan/W, an increase of 2.05 yuan/W compared to the previous week. The total procurement capacity for winning bids was 211.68 MW, a decrease of 192.41 MW compared to the previous week.

 

Key winning bid information during the period from June 23, 2025, to June 29, 2025:

1. In the section: Procurement of 2.6 MW N-type BC Bifacial Double-glass PV Modules by Hebei Fengxing Power Sales Co., Ltd. in 2025, LONGi Green Energy Technology Co., Ltd. won the bid for 2.6 MW of PV modules, with a specific price of 1.9526 million yuan, mainly N-type modules.

2. China Railway 16th Bureau Group Electrification Engineering Co., Ltd. won the bid for 11,208 N-type modules, with a total winning bid capacity of 5.98 MW. The project name is: Publicity of Inquiry Procurement Results for PV Modules by China Railway 16th Bureau Electrification Company Fushun Mine PV Power Generation (Self-consumption with Surplus Electricity Connected to the Grid) Project Management Department.

3. In the "Publicity of Transaction Results for PV Module Procurement Project for the 150 MW Agricultural-PV Integration Project of Shandong Huadian Zhangjiapo by PowerChina Shandong No.1 Electric Power Construction Co., Ltd. Overhaul and Operation & Maintenance Company for Huadian (Yiyuan) New Energy Co., Ltd.", the Overhaul and Operation & Maintenance Company of PowerChina Shandong No.1 Electric Power Construction Co., Ltd. won the bid for 150 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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The awarded capacity in a single week was 211.68 MW, with an average winning bid price of 0.78 yuan/W [SMM Statistical Brief]. - Shanghai Metals Market (SMM)