Jiangxi Province has officially kicked off the bidding process for its 2026 new energy mechanism electricity prices, setting the bid range between 0.24 and 0.379 yuan per kilowatt-hour. The move applies to wind and solar projects scheduled to begin commercial operation between January 1, 2027, and December 31, 2027, with individual projects limited to a maximum mechanism electricity ratio of 75%.
According to the notice issued by the Jiangxi Provincial Development and Reform Commission on September 21, eligible bidders include wind and photovoltaic projects that will achieve full-capacity grid connection starting in 2027, while excluding competitive allocation projects with already-defined tariffs and nearby consumption models such as source-grid-load-storage or direct green power connections. Additionally, incremental renewable projects that have been operational since June 1, 2025, and have not yet been included in any mechanism execution scope may also participate in this bidding round.
The bidding process will be organized separately for wind and solar project categories. However, if fewer than three bidders participate in a single category, that category will be merged with the other for unified clearing. The total mechanism electricity volume stands at 4.08 billion kilowatt-hours on an annual basis, with 1.155 billion kWh allocated to wind and 2.925 billion kWh assigned to solar power.
Both wind and solar segments must maintain a minimum bid sufficiency rate of 120%, while the cap for each project's mechanism electricity ratio is set at 75%. The upper price limit for both wind and solar bids is 0.379 yuan per kilowatt-hour, and the lower limit is 0.24 yuan per kilowatt-hour, with a mechanism price execution period of 10 years for both technologies.
The formula for calculating a single project's mechanism electricity volume includes specific constraints: for wind, the mechanism electricity shall not exceed the approved installed capacity multiplied by 2,224 hours, then adjusted by the plant's auxiliary power consumption rate of 1.7%, and further reduced to 75% of that figure. For solar, the mechanism electricity is capped at the registered AC-side installed capacity multiplied by 1,046 hours, adjusted for an auxiliary power rate of 1.37%, and then limited to 75%.
This year's bidding process introduces a streamlined material submission procedure, requiring projects to upload qualification documents, declared electricity volumes, and price details simultaneously through the bidding platform during the initial application stage. Once submitted, the declared mechanism electricity and price data are automatically sealed and cannot be altered.
To simplify the bidding procedure and reduce the burden on participants, the requirement for performance bonds has been removed. Instead, a new full-capacity grid connection commitment letter will serve as the assessment benchmark, with evaluations conducted in accordance with the commitments stated in that letter. Any matters not addressed in this notice will be handled according to the revised implementation rules for Jiangxi's incremental new energy project mechanism electricity price bidding.
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