There is a strong market for the wholesale secondary market solar modules, says Energybin.
Energybin, an exchange platform for secondary market solar panels in the United States, has been released Annual prices and trends report.
The company facilitates direct trade between buyers and sellers of solar panels that have fallen from traditional distribution channels. This includes selling equipment used or almost lifelong and can be refurbished or recycled. It also connects traders of new solar equipment that has not been purchased through traditional distribution channels due to oversupply or other market conditions.
In 2024, 95% of the available modules for resale on their platform or approximately 1.7 million modules are new.
The modules became available because of “excess shares resulting from surplus and cleaning up -outs, reminging efforts, delayed, smashed or canceled projects, assets and leftovers of project installations,” the company said in a release.
Energybin said that the data helps to “shed light on the importance of a robust and sustainable secondary solar market to minimize waste and maximize the assets of assets.”
The price-per-watt of different technology types in 2024 can be seen in the graph below.
“What is clear from this report is that a secondary market is absolutely of crucial importance for a again on a remark of PV hardware when unexpected events occur,” says Renee Kuehl, Chief Operating Officer of Energybin. “Sun companies need a resale channel to destroy modules when projects go through or liquidations are needed.”
Energybin said that the price index shows that new PV modules tend to maintain the resale value on the American secondary market, except with older module formats such as Legacy Poly.
“In the past four years of presenting this report, we have observed price fluctuations because of various factors,” said Kuehl. “The low prices on the American secondary market are often the result of an urgent need to liquidate shares, while high -quality prices can be more influenced by demand.”
The breakdown of the availability of secondary market per technology type on the platform can be seen below.
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