According to incomplete statistics from TrendForce , in October 2026, there were 9.74 GW of domestic photovoltaic module tenders, with China Three Gorges Corporation and China Longyuan Power Group contributing nearly 85% of the increase; the winning bid volume (including finalists) was 12.63 GW, and Jolywood, Yingli, and Chint shared the POWERCHINA 4 GW module procurement; the average bidding price of N-type modules was RMB 0.735/W, a slight increase from the previous month.
Photovoltaic module bidding volume in October was 9.74 GW
According to the "China Photovoltaic Industry Bidding Data" report by TrendForce, the scale of domestic photovoltaic module bidding reached 9.74 GW in October 2026, and central state-owned enterprise centralized procurement/frame procurement projects are still the main force in bidding.
Among them, China Three Gorges Corporation announced about 5.24 GW of module procurement, and China Longyuan Power Group launched 3 GW of module procurement. The two projects together contributed about 85% of the bidding increase in October.
In October, the bidding scale for N-type modules reached 4.09 GW, accounting for 41.97% of the total bidding scale. Among them, the bidding volume clearly for TOPCon modules is about 0.2 GW, accounting for 4.92%. The sharp decline in the proportion of N-type module bidding this month was mainly due to the fact that some large-scale centralized procurement projects did not disclose specific technical routes, which disturbed the statistical caliber of the month.
The number of photovoltaic modules won in October was 12.63 GW.
According to incomplete statistics observed by TrendForce, in October 2026, the announced winning bid results and the module scale of the winning candidates were 12.63 GW, including the scale of 6.86 GW that has been designated, and the scale of the first winning candidate is 5.78 GW. Huadian Group's 5 GW frame procurement, POWERCHINA 4 GW centralized procurement, Shenergy Group's 1 GW frame procurement and other large projects drove the increase in the number of bids won that month.
Judging from the bidding projects, POWERCHINA's first batch of N-type (TOPCon) photovoltaic module 4000 MWp centralized procurement project in 2026 has announced the winning bid results. Three companies, Jolywood, Yingli, and Chint, won Package 1, Package 2, and Package 3 of the project respectively.
N-type module bidding prices increased slightly
In October 2026, the bidding price range for N-type modules was clearly between 0.62-RMB 0.858/W, and the average price reached RMB 0.735/W, a slight increase from RMB 0.729/W last month.
The lowest bid was submitted by Continental Electric in the 2026 630wp-670wp DC stacked photovoltaic module procurement project of Guizhou Branch of Tower Energy Co., Ltd.; the highest bid was submitted by Shanxi Longli New Energy Co., Ltd. in the second phase photovoltaic module procurement project of Baotou Aluminum Co., Ltd.'s distributed photovoltaic power generation project.
Let’s look at the breakdown of technical routes:
TOPCon modules: The bidding price range is 0.69-RMB 0.77/W, with an average price of RMB 0.723/W. The lowest and highest bid prices are from China Energy Construction's 2026 photovoltaic module centralized procurement bid section 1 and section 4. The number of participating bidding companies in the two sections is 30 and 31 respectively, and the average prices are RMB 0.7233/W and RMB 0.7228/W respectively.
BC module: The bidding price range is 0.76-RMB 0.788/W, with an average price of RMB 0.773/W. The lowest and highest bid prices are from the China Energy Construction 15 GW module centralized procurement project bidding section 3 and section 6. There are 9 companies participating in the bidding in both bidding sections.
Source：TrendForce