The top ten winners in China’s 23GW tender
Last week the Chinese National Energy Administration (NEA) revealed the winners of its feed-in tariff (FiT) auction.
The competitive tender is the replacement to the old FiT, which was halted as part of the 531 New Deal process in May 2018. In total, just short of 23GW of projects have been awarded.
Using the NEA data, along with other publicly available numbers and with some companies adjusting the final tallies, PV Tech can present the top ten winners from the tender, arranged by capacity awarded.
| Company | Total MWs awarded | |
|---|---|---|
| 1 | Chinese State Power Investment Corporation | 1,674 |
| 2 | Sungrow | 1,576 |
| 3 | China General Nuclear Power Group | 760 |
| 4 | China Datang | 617 |
| 5 | Tongwei | 550 |
| 6 | Guangzhou Development Group | 510 |
| 7 | Jinko Solar | 510 |
| 8 | China HuaNeng Group | 492 |
| 9 | China Energy Conservation and Environmental Protection Group | 475 |
| 10 | Singyes Solar | 380 |
Companies were invited to bid for a premium over and above the benchmarked electricity price in the province where a potential project is based. The lowest price across all the awarded projects was RMB0.2795/kWh, just over US$0.04.
Additional reporting by Carrie Xiao
This data is for illustrative purposes only and could be subject to a small degree of error. PV Tech has attempted to confirm these figures with the winners as much as possible.
A Sungrow project in China. Source: Sungrow
PV module bankability ratings: which companies are the most bankable PV module suppliers today?
Join this webinar, presented by Dr. Finlay Colville as he explains the methodology and findings, and reveals the companies that currently have a rating score in the highest bankability grade category of the industry’s first PV module bankability ratings system.
PV ModuleTech
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability.
Also read...
-
Canadian Solar taking module capacity to over 12GW in 2019
-
Daqo’s polysilicon business takes a dive in Q2
-
Meyer Burger and REC Group planning multiple GW heterojunction production business
-
Mexico needs domestic PV-making push, minister says at plant launch
-
Q CELLS achieves 91% bankability score in latest BloombergNEF survey
Comments