About Winning bid price for photovoltaic energy storage EPC
The winning bid price of the contract (or the value of the contract) is RMB 1.38 billion.
The winning bid price of the contract (or the value of the contract) is RMB 1.38 billion.
This report analyses the winning bid price trends of energy storage systems and turnkey EPCs in China's grid-scale and C&I energy storage market in H1 2024. It is based on the prices from all the publicly announced winning bids from January 2023 to May 2024 by different districts, project types and storage duration.
In this project, the winning prices for the two bidding stages were 1.05 and 1.06 yuan/Wh respectively. However, the lowest winning bid price for energy storage system equipment was below 1 yuan, specifically offered by Envision Group for a 100MW photovoltaic power generation equipment procurement project.
The bid price is 1.006 billion yuan, and the unit price is 1.678 yuan/Wh. The scale of the project is 600000 kilowatts photovoltaic+600000 kilowatt hours of energy storage. The project is configured with an energy storage system with a capacity of 150MW/600MWh based on 25% of the photovoltaic installed capacity and 4h.
Huaneng Group awarded the EPC contract for the Yangliu PV Project to CEEC on March 29. The winning bid price was RMB 700 million. Located in Yunnan’s Baoshan, the Yangliu PV Project will comprise 58 arrays with a total installed generation capacity of 182.7MW and a 200kV booster substation.
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