Successful bid price of PV energy storage project in China 2026

According to local news reports, the tender attracted 76 bidders with quoted prices ranging from US$60-82 per kWh, averaging US$66.3 per kWh. Based on the 16GWh quantity, that implies a total contract value of roughly US$1 billion.
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The tender attracted 76 bidders, with offers ranging from a minimum price of RMB 7.61 billion (equivalent to RMB 0.4418/Wh) to a maximum price of RMB 9.57 billion (RMB 0.5983/Wh).

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