Chinese PV Industry Brief: Tongwei freezes cell prices, state body opens procurement round
Tongwei has frozen prices for next month at RMB0.50 (US$0.07)/W for multicrystalline devices, RMB0.78 for mono PERC cells for use in a 156.75mm format, and RMB0.8/W for 158.75mm and 166mm products.
State Power Investment Corp., one of the largest state-owned energy investment groups in China, is trying to procure 3,485 MW of solar module capacity through 12 bids. One bid will be devoted to n-type panels, while seven will focus on bifacial products. The group also opened nine procurement exercises to source 3,020 MW of inverter capacity, with four rounds to be devoted to string devices and five seeking central products.
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Atlantis Viewpoint
Lots of Chinese companies trying to move Solar PV technology forward in China. Definitely a big need for it.