China Power Investment throws out the lowest price of photovoltaic electricity

A total of 280 megawatts of domestic second-phase PV power plant concession projects have been launched in the near future. In more than 130 bids, the Yellow River Upstream Hydropower Development Co., Ltd. (hereinafter referred to as “ Yellow River Hydropower Company ” ) under the China Power Investment Group Out of the box, the lowest bid price was 0.7288 yuan / kWh. At the same time, the CLP included a total of 7 projects out of a total of 13 projects.

According to sources, the average bid price for the on-grid tariff is 1.0355 yuan / kWh, but this claim has not been confirmed by the National Energy Administration. The winning bid for 13 photovoltaic grid-connected projects will be announced in the next few days.

China Power Investment Corporation

The second round of bidding photovoltaic including Shaanxi, Qinghai, Gansu, Inner Mongolia, Ningxia, Xinjiang, six provinces (regions) 13 projects. "First Financial Daily" reporters learned from sources within the enterprise to participate in a tender, participate in the CPI All 13 bids.

The minimum quoted price of 0.7288 yuan / kWh for the on-grid tariff was voted by the Yellow River Hydropower Company in the bid for the “ Ganhai Gonghe 30 megawatt grid-connected project ” . This price collapsed in one fell swoop, including Guodian Power, China National Energy, China Guangdong Nuclear Power, and Huadian Group. Datang Group and other 10 manufacturers.

CPI also won the lowest price among the other 6 grid-connected power plants, and 3 of them came from CLP Xinjiang Energy Co., Ltd. (hereinafter referred to as “ CLP Xinjiang ” ).

Reported lower than 0.8 yuan / kwh electricity prices of enterprises are Huaneng Xinjiang Energy Development Co., Ltd., Baotou Luneng Baiyun Obo Wind Power Co., Ltd. and so on.

The 13 lowest bids for more than 100 bids were between 0.7288 yuan and 0.99 yuan.

According to the reporter, although the CPI for 'Hotan 20 MW project, "reported a price of 0.99 yuan, but still the lowest bidder for the project. Sources further told us that the second round of bidding the project, qualified The total number of bids was 133 , and 12 that had not passed the technical program review. 121 companies entered the bidding competition stage, and the average value of valid quotes was 1.0355 yuan. Most of the technical solutions were private enterprises.

In 2009 , when China's first round of concession bidding - Gansu Dunhuang 10 MW photovoltaic grid-connected power station was bid, some companies had the lowest price of 0.69 yuan / kWh. At that time, few bidders for 0.7 yuan to 0.9 yuan / kWh were available. Finally, the National Energy Administration still used the relatively low price of 1.09 yuan / kWh as the bid price.

An internal high-level photovoltaic power plant company was pointed out by the gentleman: “ Compared with the first round, the second round of bidding was quite different. During the first round of bidding, most of the companies were bidding up and down at 1.4 yuan / kWh, and this time each The overall offer of the plant fell sharply, and bids ranging from 0.8 yuan to 1 yuan were not in the minority. Moreover, if the price of 0.7288 yuan is extremely low and illogical, the bid appraisers will directly drop their technical proposal and will not announce it. "

Why low prices come from?

From the perspective of this auction, it seems that domestic PV prices have been reduced.

The internal management of a private component factory stated: “0.7 yuan, 0.8 yuan is obviously not the cost price. Various estimates also show that 1.1 yuan / kWh can achieve the target of 8% internal rate of return. Suntech, Artes and other companies All shots are in this range. But Artes was eliminated and Suntech was not known. "

The gentleman also analyzed that since the construction period of the second batch of projects was two years, the above low prices may be a prediction of future price trends by some companies. “ If the construction period is changed to one year, the lowest price is definitely not the current situation. ”

China Merchants Securities researcher Wang Liusheng also said: “The bidding companies are divided into three categories: one is a large state-owned power company, the second is a joint bidding company (such as Suntech and Huaneng New Energy, Datang Gansu Power and Zhonghai Yang), and the third is photovoltaic. component manufacturers (such as New extension, Zhejiang Chint solar, Changshu Artes, etc.). However, the total number of central enterprises accounted for about Qi Cheng, if they collectively reported a low price, the overall price will be lower. "

The rapid decline in the cost of power plant costs can also be another commentary on the lower average price.

At present, the polysilicon price is stable at US$ 55 / kg, which is a sharp drop from the highest price of US$ 500 / kg in 2009. The processing of wafers has been improved and the production process has been improved. The decline in PV power prices seems reasonable.

In addition, due to the depreciation of the euro in the first half of this year, the export price of photovoltaic modules in China has increased by 20% from the end of last year to 1.4 euros to 1.5 euros per watt. However, this round of bidding projects are all in China, and bidders do not need to use foreign exchange to purchase components. It is not difficult to ask the component supplier for a low price.