PowerChina wraps up record 102 GW solar equipment procurement tender
PowerChina has announced the results of the largest procurement tender in solar industry history, involving 51 GW of PV modules and 51 GW of inverters.
The PV module procurement round was divided into three categories: 12 GW of tunnel oxide passivated contact (TOPCon) modules for self-owned projects, 36 GW of TOPCon modules for engineering, procurement, and construction (EPC) projects, and 3 GW of n-type heterojunction (HJT) modules.
The inverter procurement round was split into four lots: 12 GW of centralized all-in-one box inverters over 3,125 kW, 8 GW of string inverters over 300 kW for self-built projects, 25 GW of string inverters over 300 kW for EPC projects, and 6 GW of smaller-scale string inverters between 10 kW to 150 kW in size.
A record 58 companies competed for the module contracts. Bids for TOPCon modules ranged from $0.086/W to $0.106/W, with an average of $0.094/W. HJT module bids were slightly higher, ranging from $0.103/W to $0.112/W, with an average of $0.106/W. Second-tier companies submitted bids under $0.094/W, while top-tier firms consistently quoted above this threshold, clustering around $0.098/W.
The HJT segment carried a price premium of about $0.011/W over TOPCon, although some companies reported near-parity pricing between the two technologies.
On the inverter side, 25 companies participated. Bids for string inverters ranged from $0.012/W to $0.025/W, with high-demand categories (300 kW-plus) averaging $0.013/W. Only six companies quoted above $0.014/W for these categories. Smaller-scale inverters (10 kW to 150 kW) averaged between $0.014/W and $0.019/W, with some exceeding $0.021/W.
PowerChina said the procurement round is based on a framework agreement. The shortlisted suppliers will compete again in 2025 through negotiations or bidding to finalize contracts.
In late November, PowerChina unveiled plans for a 300 MW offshore solar pilot project in the Bohai Sea, designed to withstand extreme marine conditions. And in early December, the company signed a contract with Manila Electric for a 1.05 GW solar project in the Philippines, as part of the larger 2.45 GW Terra initiative.
Earlier this week, PowerChina launched construction on three hybrid solar microgrids in Suriname, combining solar power, energy storage, and diesel backup to supply electricity to 25 remote villages.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
