On November 7, the Fujian Development and Reform Commission issued a notice regarding the bidding for new energy incremental projects in 2025. According to the notice, eligible bidders must be legal entities or individuals capable of independently assuming civil liabilities and signing contracts. Projects must achieve full-capacity grid connection and operation between June 1, 2025, and December 31, 2026, and must not have been previously included in any policy mechanism. Offshore wind power projects competitively allocated before January 27, 2025, are excluded. Distributed new energy projects may appoint bidding agents to participate.
The bidding is categorized into two technology types: offshore solar and other new energy projects. If fewer than five valid offshore solar projects are submitted, no clearing will occur. Starting from this round, offshore solar projects will undergo no more than three separate bidding rounds. The total quota for mechanism-based electricity is 4.63 billion kWh, comprising 1.45 billion kWh for offshore solar and 3.18 billion kWh for other new energy.
The upper price limit for offshore solar is set at 393.2 yuan/MWh, while other new energy projects have a cap of 357.0 yuan/MWh. The lower limit for both is 160.0 yuan/MWh. The bid sufficiency rate is set at 125%, and individual projects may bid for up to 90% of their capacity (denoted as K). The policy will remain in effect for 12 years.
The Fujian Development and Reform Commission and the Fujian Energy Regulatory Office will oversee the process, with final results to be announced separately. For unresolved matters, the provisions of Fujian Development and Reform Regulation No. 9 (2025) will apply.
Supervision inquiries can be directed to shtxxllbf@sina.com.
The notice was publicly released on November 7, 2025.
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