Tongwei in first place to secure 3GW module tender from China Resources Power

By Carrie Xiao
Facebook
Twitter
LinkedIn
Reddit
Email
Tongwei submitted a bidding price of RMB5.827 billion, with a unit price of RMB1.942/W, which came in better than other competitors. Image: PV Tech

Tongwei Solar, EGing PV and LONGi have been shortlisted as candidates for the fifth module procurement round of Hong Kong energy company China Resources Power.

The state-owned energy company is seeking 3GW of PV modules, including 2.9GW of bi-facial 545W modules and 100MW of mono-facial 545W modules.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Tongwei submitted a bidding price of RMB5.827 billion (US$840 million), with a unit price of RMB1.942/W (US$0.28c/W), while EGing PV put forward a bidding price of RMB5,984 billion (RMB1.995/W) and LONGi a total bidding price of RMB6.061 billion (RMB2.020/W).

PV Tech understands that the bidding includes freight for 1,000km of transportation. The delivery time and construction period is 90 days after the procurement contract signed by the bidder and the module delivery time is from 10 September to 10 December 2022.

Tongwei lands top spot

The project will appoint one module supplier, meaning Tongwei will most likely get the module procurement order worth 3GW.

In a recent institutional survey, Tongwei said that it will expand its module business based on the industry’s development as well as making preparation in organisational structure and talent recruitment, but cannot disclose further information due to privacy considerations.

Tongwei has demonstrated production and maintenance capabilities in silicon material and cells, and even accumulated technical experience in the module sector. At present, the company has 6GW of module production capacity.

Considering Tongwei’s controlling capability in the cell and silicon sectors, it said it was well position to expand its module capabilities, supported by advantages in terms of infrastructure and industry knowledge.

Tongwei said in the survey that its modules arm was undertaking small-scale research and development activities. It also noted how the company did not initially intend to move into module manufacturing but is now targeting greater vertical integration.

Early stage fluctuation in prices in the PV supply chain are related to periodic shortages of capacity caused by insufficient participants in each sector, Tongwei said. As a result, the company has made a firm plan to target 30-50GW of module production.

10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

June 24, 2025
Chinese solar manufacturing giant LONGi has signed an agreement with Indonesia’s Pertamina New & Renewable Energy to build a 1.4GW module assembly plant in West Java, Indonesia.
June 24, 2025
The Chinese polysilicon industry could face a shortage by 2028, despite persistent overcapacity in recent years, according to polysilicon market analyst Bernreuter Research.
June 23, 2025
Waaree Energies will relocate its proposed 6GW vertically-integrated manufacturing facility for ingots, wafers, cells, and modules in India.
June 23, 2025
China notched up close to 100GW of new PV in May, in the processes surpassing a terawatt of cumulative installed capacity, figures show.
June 19, 2025
The China Enterprise Bankruptcy and Reorganization Case Information Network has published a notice regarding creditor claims for Suntech.
June 18, 2025
Founder Group has signed a US$220 million memorandum of understanding (MOU) with Chinese polysilicon producer GCL Technology.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece