Through detailed survey cross-survey of data from major suppliers and procurement parties, Green Energy Research is able to provide an accurate weekly report on spot prices of key PV components. Green Energy Research can also quickly produce a detailed market analysis for a VIP client, as its staff can refer to an enormous price database containing a long record of past contract transactions. Identifying price trends and giving long-term price forecasts have been an integral part of Green Energy Research’s market intelligence services.
Last Update 2026-10-14
| Item | High | Low | Avg. | Change |
|---|---|---|---|---|
| 2.0mm Double-glazed and Coated PV Glass (RMB) | 11.00 | 1.00 | 10.50 | — 0.00 % |
| 3.2mm Double-glazed and Coated PV Glass (RMB) | 17.50 | 17.00 | 17.00 | — 0.00 % |
| 2.0 Rear PV Glass (RMB) | 9.00 | 8.00 | 8.50 | — 0.00 % |
TrendForce’s China Energy Storage Industry Tender Database (September 2026 Report) shows that China saw 72.84 GWh of domestic energy storage tenders in September 2026, with standalone energy storage maintaining a dominant position. The awarded volume exceeded 56 GWh; awarded EPC project volume hit a year-to-date high. Overall awarded prices for energy storage systems declined, with the weighted average price for 4-hour systems at RMB 0.53/Wh.
September Energy Storage Tender Volume: 72.84 GWh
According to incomplete statistics from TrendForce, newly added domestic energy storage tender volume reached 24.36 GW / 72.84 GWh in September 2026, rising 87% and 93% year-on-year respectively. On a month-on-month basis, power capacity grew 10% while energy capacity fell 4%.
Standalone Energy Storage Accounts for 80% of Tenders
By tender type, standalone energy storage tenders totalled 21.32 GW / 61.3 GWh, with strong performance in Ningxia and Shanxi. Framework/group procurement projects recorded 0.9 GW / 3.6 GWh, accounting for 5% of total tenders. Renewable energy paired storage represented 4%, with tender volume rising markedly from the previous month. Commercial & industrial (C&I) energy storage made up 2%, mainly concentrated in Shandong and Sichuan.
September Energy Storage Awarded Volume: 56.07 GWh
Data from TrendForce’s China Energy Storage Industry Tender Database indicates newly added domestic awarded energy storage volume reached 15.87 GW / 56.07 GWh in September 2026. Month-on-month, power capacity increased 19% while energy capacity dropped 26%, and awarded EPC volume set a new year-to-date high.
Weighted Average Price of 4-hour Systems: RMB 0.53/Wh
In September 2026, overall awarded energy storage prices trended down, with notable drops in prices for 2-hour and 4-hour energy storage systems as well as EPC projects.
Awarded prices for 2-hour energy storage systems ranged from RMB 0.53–0.86/Wh, with a weighted average price of RMB 0.60/Wh, down 21% month-on-month.
Awarded prices for 4-hour energy storage systems ranged from RMB 0.52–0.58/Wh, with a weighted average price of RMB 0.53/Wh, falling 12% month-on-month.
Awarded EPC prices for 2-hour energy storage projects ranged from RMB 0.68–1.50/Wh, with a weighted average price of RMB 1.02/Wh, down 10% month-on-month.
Awarded EPC prices for 4-hour energy storage projects ranged from RMB 0.57–1.04/Wh, with a weighted average price of RMB 0.78/Wh, declining 12% month-on-month.
Source：EnergyTrend
The price information provided by EnergyTrend is primarily a result of periodical survey of a pool of major manufacturers via telephone, questionnaires, and site visits. EnergyTrend cross-surveys major buyers and suppliers throughout the supply chain and strives to ensure all enclosed price information reflects actuality.
EnergyTrend takes a conservative attitude toward the enclosed price information. All surveyed manufacturers are to be kept anonymous and EnergyTrend will not respond to price enquiry about any individual manufacturer. All statistical numbers gathered are used to derive a particular price quote through weighted calculation.
With the historical contract price information in our database and capability of conducting fast and in-depth market analysis, EnergyTrend is equipped to provide both price trend and market intelligence to our valued members.
