Guangdong Power Exchange Center has issued a notice on conducting the 2026 new energy project mechanism price bidding transaction.
The bidding entities are distributed solar projects that were commissioned or committed to be commissioned between June 1, 2025 and October 31, 2027, and that have not yet been included in the mechanism.
The initial bidding scale for mechanism electricity is 7.934 billion kilowatt-hours (calculated on a full-year basis).
For the mechanism electricity ratio, the upper limit for the bidding electricity declaration ratio of distributed solar projects at voltage levels below 110 kV is set at 80% (village-level solar assistance power stations included in the provincial list shall be handled in accordance with relevant regulations), while the upper limit for other distributed solar projects is set at 70%. The declared mechanism electricity ratio must be an integer multiple of 1%.
For the bidding ceiling and floor, the upper and lower limits for solar projects are 400 yuan/MWh and 200 yuan/MWh respectively. The minimum price unit for declaring the mechanism electricity price is 1 yuan/MWh.
For the implementation period, the mechanism electricity price for solar projects shall be implemented for a duration of 12 years.
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