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China’s new auction system drives steep solar price declines

Wood Mackenzie says first provincial auctions under China’s new pricing rules pushed solar bids up to 32% below settlement, signaling tighter margins and a shift to slower, more sustainable growth.China added 212.2 GW of solar during the first six months of 2025, according to figures from Wood Mackenzie. The consultancy said solar additions more than doubled compared to the first half of 2024, as developers rushed to meet the deadline before the…

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pv magazine Deutschland

China's New Tendering System Leads to a Sharp Fall in the Price of Photovoltaics

According to Wood Mackenzie, the first provincial auctions under China's new price rules have pushed down photovoltaic bids by up to 32 percent below the agreed price.This could indicate lower margins and a shift towards slower, more sustainable growth. by pv magazine Global China has built 212.2 gigawatts of photovoltaics in the first six months of 2025 after an analysis by Wood Mackenzie.The consulting company stated that the newly installed p…

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