100.5GW! First-Half Photovoltaic Component Ranking! Leading companies include Jinneng, Longi, Xinyi, Trina Solar, HuanSheng, JA Solar, GCL, Guosheng, Meiko, and Yingli!

According to publicly available information, from January 1 to June 30, there were approximately 296 photovoltaic component bidding projects (lots) awarded, with a total capacity of 100.5GW. (Note: This includes bids from 2024 that were awarded in 2025.)

 

Analysis reveals the following trends and characteristics in the photovoltaic component bidding market for central and state-owned enterprises from January to June:

 

1、 In terms of awarded scale, 175.72GW were awarded from January to June 2024, and the scale of awarded projects from January to June 2025 shows a downward trend compared to the same period in 2024; 100.5GW 2025 January-June awarded projects

 

2、 In terms of price, the awarded price of photovoltaic components from January to June 2025 shows a slight downward trend. The average monthly price range from January to June is 0.691~0.720 yuan/W.

 

From January to June, the awarded price of N-type photovoltaic components showed a slight downward trend, with the average monthly price range from January to June being 0.674~0.725 yuan/W 。

 

From January to June, the average price of TopCon components was 0.703 yuan/W; the average price of HJT components was 0.744 yuan/W ; the average price of BC components was 0.758 yuan/W ; and the average price of perovskite components was 1.904 yuan/W 。

 

3、 The awarded capacity share of central enterprises is 85.2%, showing a downward trend compared to the same period in 2024.

 

4、 In terms of technology, among the photovoltaic component projects awarded from January to June, the clearly defined scale of N-type components 91.68GW accounts for 91.24% ; the clearly defined scale of P-type components 1.67GW accounts for accounts for 1.66% ; and the scale of projects without clearly defined component types 7.13GW accounts for accounts for 7.10% 。

 

Among the N-type components awarded from January to June, the clearly defined scale of TOPCon components 67.04GW accounts for 73.12% 。

 

From January to June, in terms of clearly defined technology, in centralized projects, TopCon components account for 67.77%, HJT components account for 3.07%, and BC components account for 1.14%.

 

In distributed projects, TopCon components account for 29.72%, HJT components account for 46.42%, and BC components account for 17.76%.

 

5、 In terms of power requirements, the capacity of photovoltaic components of 600W and above 22.3GW accounts for accounts for 22.2% 。

 

6、 In terms of winning companies, 145 companies including Jinneng Technology, Longi Green Energy, Xinyi Solar, Trina Solar, HuanSheng Photovoltaic, JA Solar, GCL, Guosheng New Energy, Meiko, and Yingli Energy won bids.

 

7、 In terms of central and state-owned enterprises winning bids, this includes 23 central enterprises such as China National Nuclear Corporation, Datang, CGN, PetroChina, Power Construction Corporation of China, China Resources, Three Gorges, China South-to-North Water Transfers, China Railway Construction Corporation, State Power Investment Corporation, China Energy Investment Corporation, China Nonferrous Metal Mining Group, China Southern Power Grid, Sinopec, Ansteel Group, Huaneng, China Railway Engineering Corporation, China Electric Power Equipment Group, PowerChina, China Baowu Steel Group, State Grid Corporation of China, China State Railway Group, and China National Building Material Group, as well as 87 local and private enterprises.

 

(Note: All statistical data in this article are based on publicly available data with clearly defined winning amounts, and do not include unallocated shares from centralized procurement. Please feel free to add any omissions.)

 

Five Major Trends in the Photovoltaic Component Bidding Market from January to June

 

According to publicly available information, from January 1 to June 30, in the domestic photovoltaic component bidding market, 145 photovoltaic component manufacturers or agents, including Jinneng Technology, Longi Green Energy, Xinyi Solar, Trina Solar, HuanSheng Photovoltaic, JA Solar, GCL, Guosheng New Energy, Meiko, and Yingli Energy, jointly won photovoltaic component bidding and procurement orders totaling 100.5GW.

 

1 Jinneng, Longi, and Xinyi Lead the Winning Bid List

 

According to publicly available information, excluding several projects where the actual winning scale of companies was not announced, for projects with confirmed winning capacity, Jinneng Technology won 6000MW, ranking first; Longi Green Energy won 4198.08MW, ranking second; and Xinyi Solar won 3515.98MW, ranking third. In addition, Trina Solar (2555.45MW), HuanSheng Photovoltaic (2311.14MW), JA Solar (1836.99MW), GCL (1730MW), Guosheng New Energy (1500MW), Meiko (1500MW), and Yingli Development (1261.60MW) also ranked among the top ten in the photovoltaic component winning bid list from January to June.

 

 

2 TOPCon components account for 73.12%

 

Among the photovoltaic component projects awarded contracts from January to June, N-type components accounted for a clear 91.68GW, representing 91.24%; P-type components accounted for a clear 1.67GW, representing 1.66%; and 7.13GW, representing 7.10%, had unspecified component types.

 

Among the N-type components awarded contracts from January to June, TOPCon components accounted for a clear 67.04GW, reaching 73.12%.

 

 

3 1-6 Average monthly price: 0.691~0.720 yuan/W

 

In terms of price, the bidding price of photovoltaic components from January to June 2025 showed a slight downward trend.

 

Among them, The average price in June was 0.720 yuan/W , with the lowest bid price at 0.640 yuan/W and the highest at 0.867 yuan/W; The average price in May was 0.702 yuan/W , with the lowest bid price at 0.657 yuan/W and the highest at 0.759 yuan/W; The average price in April was 0.707 yuan/W, with the lowest bid price at 0.660 yuan/W and the highest at 0.880 yuan/W; The average price in March was 0.716 yuan/W, with the lowest bid price at 0.692 yuan/W and the highest at 0.750 yuan/W; The average price in February was 0.697 yuan/W, with the lowest bid price at 0.650 yuan/W and the highest at 0.780 yuan/W; The average price in January was 0.691 yuan/W, with the lowest bid price at 0.630 yuan/W and the highest at 0.759 yuan/W. (Note: Excluding special component prices such as perovskite and lightweight components)

 

 

From January to June, the bidding price of photovoltaic N-type components showed a slight downward trend, with the average monthly price ranging from 0.674 to 0.725 yuan/W from January to June.

 

 

From January to June, the average price of TopCon components was 0.703 yuan/W; the average price of HJT components was 0.744 yuan/W; the average price of BC components was 0.758 yuan/W; the average price of perovskite components was 1.904 yuan/W; and the average price of lightweight/flexible components was 1.212 yuan/W.

 

 

In terms of clearly defined technological routes, from January to June, the bidding share of TopCon components in centralized projects was 67.77%, HJT components 3.07%, and BC components 1.14%.

 

In distributed projects, the bidding share of TopCon components was 29.72%, HJT components 46.42%, and BC components 17.76%.

 

4600Wp The above accounts for 22.2%

 

In the photovoltaic component bidding projects from January to June, excluding those with unspecified power, components with power above 600-700Wp accounted for 21.1%, with a bidding capacity of 21.15GW. Components with power of 700Wp and above had a bidding capacity of 1.13GW, accounting for 1.1%. Components with power below 600Wp had a bidding capacity of 31.11GW, accounting for 31.0%.

 

 

56 Monthly High and Low Bidding Prices for Photovoltaic Components
 

 

Based on the shortlisted bidders for component bidding projects, PV Headline has compiled the low and high price lists for photovoltaic component bids in June 2025. Details are as follows:

 

 

Among them, China Railway Eleventh Bureau Group Co., Ltd.'s photovoltaic component framework bidding project The supply area is nationwide, with Hunan Hongtaiyang and Zhongqing Group winning the bid. Hunan Hongtaiyang's winning bid price was 0.640 yuan/W.

 

Procurement of components for the 0.65MW distributed photovoltaic power generation project in the No. 5 workshop of the Semiconductor Accelerator (Phase II) The delivery period is within 30 days from the effective date of the contract, and the warranty period is no less than 25 years from the date of acceptance. Hongyuan Green Energy Co., Ltd. won the bid with a winning bid price of 0.867 yuan/W.

 

Yuyang District Jinjitang Circular Economy Industrial Park Aluminum Downstream Industrial Park 1-8 #The scale of the standard factory building rooftop distributed photovoltaic project conventional component procurement project is 0 .53136MW, Yulin Weiyuantongda New Energy Co., Ltd. won the bid with a fixed comprehensive price of 0.760 yuan/W.

 

100.5GW Photovoltaic Procurement

Central enterprises account for 85.2%, who is the winner?

 

According to publicly announced bidding information, from January 1 to June 30, 110 companies won a total of 296 photovoltaic component procurement projects (lots), with a total capacity of 100.5GW. Among them, central enterprises accounted for 85.6GW, representing 85.2% of the total capacity.

 

 

In addition, many state-owned enterprises, including Jineng Holding Group, Inner Mongolia Energy Group, Hunan Energy Group, and Shenzhen Energy, also won bids during this statistical period.

 

In terms of purchasing enterprises, 23 central enterprises, including CNNC, Datang, CGN, PetroChina, Power Construction of China, China Resources, Three Gorges, China South-to-North Water Transfers Group, China Railway Construction, State Power Investment Group, State Grid, China Nonferrous Metals Mining Group, China Southern Power Grid, Sinopec, Ansteel Group, Huaneng, China Railway, China Electric Power Equipment Group, PowerChina, China Baowu Steel Group, State Grid, China Railway Group, and China National Building Materials Group all won bids for photovoltaic component procurement projects.

 

Among them, CNNC won bids for 8 projects (lots) during this statistical period, with a clear scale of 27.3GW Longi Green Energy, Trina Solar, Tongwei Co., Ltd., JinkoSolar, JA Solar, Yingli Energy, Risen Energy, JA Solar, Orient Sunrise, Guosheng Technology, Hongtuo Petrochemical, Huayao Optoelectronics, and Jinzhou Sunshine, etc., won the bids.

 

In June, CNNC's 2025-2026 photovoltaic component equipment first-level centralized procurement project Public announcement of bidding results. Ten photovoltaic component companies, including JA Solar, LONGi Green Energy, CHINT New Energy, Yingli Green Energy, Trina Solar, Tongwei Co., Ltd., JA Solar, Orient Sunrise, JinkoSolar, and Guosheng New Energy, were awarded the bid.

 

According to the bidding announcement, the scale of this photovoltaic component centralized procurement by China National Nuclear Corporation is 26.667GW ，This project is a single package. Among them, 1.667GW of P-type components and 25GW of N-type components ，The centralized procurement framework is valid until March 31, 2026.

 

 

In this statistical period, Datang There is a total of 1 project (package) that has been awarded, which is Datang's 2025-2026 photovoltaic component framework procurement 。

 

The procurement scale of this project is 22.5GW 。Among them, Package 1 N-type TOPCon JinkoSolar, Tongwei Co., Ltd., JA Solar, LONGi Green Energy, Daqo New Energy, and CHINT New Energy were awarded the bid, with a winning bid price of 0.692~0.705 yuan/W.

 

Package 2 - N-type heterojunction photovoltaic components Huasheng New Energy and Orient Sunrise were awarded the bid, with a winning bid price of 0.708~0.723 yuan/W.

 

Package 3 - N-type BC photovoltaic components AIXI was awarded the bid, with a winning bid price of 0.745 yuan/W.

 

 

CGN A total of 8 projects (packages) were awarded in this statistical period, with a total scale of 10.5GW ，JinkoSolar, Guosheng Technology, LONGi Green Energy, Gaojing Solar Energy, Huancheng Photovoltaic, Xinyi Integration, Sunshine Zhiwei, and Meiko were awarded the bid.

 

Among them, CGN New Energy Shaanxi Branch Photovoltaic Power Station Area Component Technical Transformation Procurement Project The scale is 5.14886MW, and Sunshine Zhiwei won the bid for this project, with a winning bid price of 1.088 yuan/W.

 

 

PetroChina In this statistical period, there is 1 project (package) that has been awarded, which is PetroChina's 2025 photovoltaic component centralized procurement (framework volume).

 

This project is divided into 6 packages, with a total scale of 9.6GW 。CHINT New Energy, LONGi Green Energy, Trina Solar, Tongwei Co., Ltd., JA Solar, JinkoSolar, AIXI, Huasheng New Energy, Trina Solar, Xinyi Integration, Daqo New Energy, Yingli Energy, and Orient Sunrise, etc., a total of 20 companies were shortlisted for this project.

 

 

Power Construction Corporation of China In this statistical period, a total of 98 projects (packages) were awarded, with a total scale of 7.5GW ，LONGi Green Energy, JinkoSolar, JA Solar, CHINT New Energy, Yingli Energy, Daqo New Energy, Trina Solar, Orient Sunrise, Huancheng Photovoltaic, Xinyi Integration, Tongwei Co., Ltd., Huayang Group, and Haite New Energy, etc., 38 companies were awarded the bid.

 

 

In this statistical period, China Resources A total of 6 projects (packages) were awarded, with a total project scale of 3.11GW 。Xinyi Integration, LONGi Green Energy, Huayao Optoelectronics, and Trina Solar were awarded the bid.

 

 

In this statistical period, Three Gorges Corporation 1 project (package) was awarded, which is the 2024 photovoltaic component framework centralized procurement project, with a capacity of 2.5GW 。Daqo New Energy, Tongwei Solar, and CHINT New Energy were awarded the bid.

 

 

In this statistical period, China South-to-North Water Transfer Project Group There are a total of 2 projects (packages) that have been awarded, with a total scale of 1GW。

 

South-to-North Water Transfer Middle Route New Energy (Beijing) Co., Ltd. 2025-2026 Photovoltaic Component Centralized Procurement Package 1: N-type monocrystalline double-sided double-glass (TOPCon) photovoltaic components Tongwei Co., Ltd., JinkoSolar, LONGi Green Energy, JA Solar, Daqo New Energy, and CHINT New Energy were awarded the bid, with a winning bid price of 0.692~0.705 yuan/W 。 Package 2: Monocrystalline double-sided double-glass (BC/HJT) photovoltaic components AIXI, Huasheng New Energy, LONGi Green Energy, and Guosheng Technology were awarded the bid, Winning bid price 0.750~0.768 yuan/W 。

 

 

China Railway Construction Corporation In this statistical period, a total of 19 projects (packages) were awarded, with a total scale of 608.09MW ，Gaojing Solar Energy, Qiming Photovoltaic, Ruijing Solar Energy, and Yijing Optoelectronics were awarded the bid.

 

 

In this statistical period, State Power Investment Corporation A total of 1 project (package) was awarded, which is the State Power Investment Corporation Guohua Investment 2025 first batch of photovoltaic component equipment centralized procurement, with a scale of 586.24MW ，Tongwei Co., Ltd. was awarded the bid.

 

 

State Power Investment Corporation In this statistical period, 3 projects (packages) were awarded, with a capacity of 285.65MW 。Xinyi Integration, Trina Solar, Pincheng Jingyao, and Shangmai New Energy were awarded the bid.

 

 

China Nonferrous Metals Mining Group In this statistical period, 1 project (package) was awarded, with a capacity of 27MW. JA Solar was awarded the bid.

 

 

Southern Power Grid, Sinopec, Ansteel Group, Huaneng, China Railway Construction Corporation, China Electric Power Equipment Group, China Energy Construction Group, All have photovoltaic component projects awarded.

 

The details of the winning bids are as follows:

 

 

 

 

 

 

 

 

In addition, China Baowu Group, State Grid Corporation, China Railway Corporation, and China Building Materials Group There is a photovoltaic component project bidding, but the procurement capacity is not specified.

 

 

Jineng Technology won the bid for 3 projects.

The winning capacity is 6000MW.

 

During this statistical period, Jineng Technology won the bid for 3 projects (sections) from Jineng Holdings, Power Construction Corporation of China, and Shanxi Transportation Holding Group, with the winning capacity determined. 6000MW。

 

 

Among them, Jinbei Energy (Shanxi) Co., Ltd., a subsidiary of Jineng Holdings, photovoltaic component centralized procurement project for the Jinbei coal mining subsidence area new energy base The procurement is for double-sided double-glass 182*182-210mm/210mm TOPCon components, with a component conversion efficiency ≥22.75%.

 

The project procurement capacity is 6000MW. Jineng Technology won the bid for this project, with a winning bid price of 0.720 yuan/W.

 

Longi Green Energy won the bid for 44 projects.

The winning capacity is 4198.08MW.

 

During this statistical period, Longi Green Energy won the bid for 44 projects (sections) from CGN, CNPC, Power Construction Corporation of China, Datang, and other companies, with the winning capacity determined. 4198.08MW。

 

 

Among them, the highest-priced project won by Longi Green Energy is South-to-North Water Diversion Mid-line New Energy (Beijing) Co., Ltd. 2025-2026 annual centralized procurement of photovoltaic components, Section 2, monocrystalline double-sided double-glass (BC/HJT) photovoltaic components Longi Green Energy won the bid for this section, with a winning bid price of 0.768 yuan/W 。

 

Longi Green Energy won the bid for China Resources Power's 2024 fourth batch of photovoltaic projects, photovoltaic component equipment centralized procurement, North China region, Section 2; CGN New Energy's 2025 annual photovoltaic component equipment framework procurement package 1, Section 3; Hunan Energy Group's Hongsibao District new energy base 3 million kW photovoltaic hybrid power generation (1 million kW in phase 1) project photovoltaic component equipment procurement; China Datang Corporation's 2025-2026 annual photovoltaic component framework procurement, Section 1, N-type; Yiyang City Datong Lake District Heba Town fishery-photovoltaic complementary photovoltaic power generation project photovoltaic component equipment procurement The bidding prices were all 0.705 yuan/W 。

 

In addition, Longi Green Energy won the bid for two projects: Hebei Jizhong New Energy Technology Co., Ltd. Power Supply Branch 2.6MW BC component project procurement (second procurement) and Hebei Fengxing Power Sales Co., Ltd. 2025 2.6MW N-type BC double-sided double-glass photovoltaic component procurement. The winning bid price for both projects was 0.751 yuan/W.

 

Xinyi Integrated won the bid for 17 projects.

The winning capacity is 3515.98MW.

 

During this statistical period, Xinyi Integrated won the bid for 17 projects (sections) from Power Construction Corporation of China, CGN, CNPC, China Resources, and State Power Investment, with the winning capacity determined. 3515.98MW.

 

 

Among them, the highest-priced project won by Xinyi Integrated is Shanghai Fuhong New Energy Technology Co., Ltd. 22MW photovoltaic cell component procurement This photovoltaic cell component procurement totals 22MW, mainly to meet the company's photovoltaic project construction needs, requiring N-type double-glass photovoltaic components, power ≥705W, size 2384mm*1303mm*33mm. Xinyi Integrated won the bid for this project, with a winning bid price of 0.736 yuan/W 。

 

In addition, Xinyi Integrated won the bid for China Resources Power's 2024 fourth batch of photovoltaic projects, photovoltaic component equipment centralized procurement three sections of the project, with bidding prices all at 0.692 yuan/W 。

 

JinkoSolar won the bid for 29 projects.

The winning capacity is 2555.45MW.

 

During this statistical period, JinkoSolar won the bid for 29 projects (sections) from CGN, CNPC, Yellow River Photovoltaic, China Nonferrous Metals Mining Group, Power Construction Corporation of China, China National Building Material Group, and Shanxi Transportation Holding Group, with the winning capacity determined. 2555.45MW。

 

 

Among them, the highest-priced project won by JinkoSolar is China Southern Power Grid's 2025 Dongguan Guaneng Green Energy Service Co., Ltd. first batch of photovoltaic component spare parts framework bidding project The project equipment requires monocrystalline silicon N-type double-glass photovoltaic components 620Wp (182 cells or more). JinkoSolar won the bid for this project, with a winning bid price of 0.780 yuan/W 。

 

In addition, JinkoSolar won the bid for China Datang Corporation's 2025-2026 annual photovoltaic component framework procurement, Section 1; CGN New Energy's 2025 annual photovoltaic component equipment framework procurement package 1, Section 1; and South-to-North Water Diversion Mid-line New Energy (Beijing) Co., Ltd.'s 2025-2026 annual centralized procurement of photovoltaic components, Section 1: N-type monocrystalline double-sided double-glass (TOPCon) photovoltaic components The winning bid prices were all 0.705 yuan/W 。

 

HuanSheng Photovoltaic won the bid for 10 projects.

The winning capacity is 2311.14MW.

 

During this statistical period, HuanSheng Photovoltaic won the bid for 10 projects (sections) from Power Construction Corporation of China, CGN, and CNPC, with the winning capacity determined. 2311.14MW。

 

 

Among them, the winning bid price projects for HuanSheng Photovoltaic are CGN New Energy's 2025 annual photovoltaic component equipment framework procurement package 1, Section 5, and the 2 million kW "Adian into Wu" regional mutual aid new energy project (1.7 million kW photovoltaic) 500,000 kW (AC side) The winning bid prices were both 0.692 yuan/W.

 

Source: Photovoltaic Headline