Winning bid price for photovoltaic inverter

CHN Energy has announced the results of its 10 GW central purchasing tender for PV inverters for 2023. Huawei secured the largest order for 4.1 GW of string inverters, while Sungrow obtained.

Among the disclosed 120 GW of inverter bid-winning enterprises, Huawei led with 35.2 GW, reaffirming its position as the annual champion. Sungrow secured the second position with nearly 25.7 GW, surpassing its annual target. Zhuzhou Converters, Sineng Electric, and TBEA were also prominent winners, each with bid-winning capacities exceeding 10 GW.

According to the statistics of public bidding information, from January to August this year, the industry opened a total of over 22gw photovoltaic inverter bidding. Up to now, in the above 22gw + inverter bidding, a total of 17.9gw projects have announced the bid winning results.

China Datang Corporation (CDT) has selected Sungrow and Solis for its 1GW solar inverter project from 2023 to 2024. This announcement follows the unveiling of the bid results for the third section of the framework.

PV Tech has consolidated the bidding and winning results for the centralised procurement of inverters announced by central enterprises – state-backed power groups such as China Datang, CGN.

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4 FAQs about [Winning bid price for photovoltaic inverter]

How many GW of PV inverters will CHN energy buy in 2023?

CHN Energy has wrapped up its 10 GW PV inverter tender for 2023, with Huawei securing orders for 4.1 GW of string inverters and Sungrow obtaining 1.85 GW. CHN Energy has announced the results of its 10 GW central purchasing tender for PV inverters for 2023.

How many MW is a solar photovoltaic (PV) worth?

In the end, a total of 2,036 MW was awarded to solar photovoltaic (PV) in the first renewable energy auction held since July 2017. Overall, the auction had attracted offers worth 9,700 MW. The weighted average price for solar PV reached EUR 24.47 (USD 29.67) per MWh.

Why are solar photovoltaic (PV) tenders becoming more popular?

Protecting the environment and developing the green economy is becoming a focus for businesses and property owners as well as utilities and governments. This is driving an increase in the number of solar photovoltaic (PV) tenders being issued to award contracts for project construction and maintenance.

What is the cost of solar energy in Abu Dhabi?

The cost of solar energy in Abu Dhabi is 1.35 U.S. cents per kilowatt-hour. Abu Dhabi set a global record-low solar price with this bid in a 2-gigawatt tender. Upon its expected completion in mid-2022, the Al Dhafra project will be the largest single-site solar energy project in the world, with five bidders and the lowest offer coming from this price.

Winning bid price for photovoltaic inverter