Understanding Lithium solar battery tender price in China 2025
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.
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.
The average bid stood at CNY 0.473/Wh ($65/kWh). 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).
The rapid decrease in lithium ion battery prices seen in previous years is likely to be slowed down in 2025 due to an uptick in battery material costs. These will in turn be partly offset by falling manufacturing costs propelled by economy of scale and efficiency gains, resulting in a flatter price.
The Power Construction Corporation of China drew 76 bidders for its tender of 16 GWh of lithium iron phosphate (LFP) battery energy storage systems (BESS), according to reports. Bids averaged $66.3/kWh, with 60 bids under $68.4/kWh. The tender, covering supply, system design, installation guidance.
The average bid stood at CNY 0.473/Wh ($65/kWh). 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).
Beijing, China – April 2025 – Prices for key lithium-ion battery materials continued to trend lower in China last month, reflecting softening demand and high inventories across the battery supply chain. Market data show a marked month-on-month (MoM) decline in both industrial and battery-grade.
[SMM Analysis] The First ESS Benchmark in 2025: China Huadian Corporation's Framework Procurement Tender for 6GWh ESS in 2025 Links to SMM Battery-Grade Lithium Carbonate Prices! [SMM Analysis] SMM has learned that on January 3, the China Huadian Corporation announced the tender for the 2025 LFP.
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