Applications & Installations

China’s Huadian announces winners in 6 GWh BESS tender with average bid at $65/kWh

The procurement exercise has attracted 67 battery energy storage companies but only six have emerged as winners. The average bid stood at CNY 0.473/Wh ($65/kWh).
Marija Maisch
By
Marija Maisch
Image: Sungrow

From ESS News

Public procurements in China continue to demonstrate exceptionally low price levels for lithium-ion phosphate (LFP) battery energy storage systems (BESS). In the latest tender, more than 80% of bidders quoted prices below CNY 0.5/Wh ($69/kWh), highlighting the fierce competition in the world’s biggest BESS market.

On March 18, Huadian Group, one of the five largest state-owned power generation enterprises in China, released the list of the winning bidders in its 2025 procurement seeking a cumulative 6 GWh of battery storage.

To continue reading, please visit our ESS News website.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

More about
Written by

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Comments