Today Energybin announced the release of its fourth annual “PV module Price index for the secondary solar market“Report. The price index follows wholesale prices and delivery of crystalline silicon (C-SI) modules that have fallen from traditional distribution channels and are therefore mentioned for resale on energy exchange.
Credit: Solar -Goit
For the fourth year, the report findings shed light on the importance of a robust and sustainable secondary solar market to minimize waste and to maximize the recovery of assets. The value of a secondary market increases as the reuse of PV modules does not become usual at the end of the lifetime.
In 2024, 95% of the inventory for resale (1.7 million modules) were new surplus shares that resulted from surplus and clearance, remon trial efforts, delayed, struck or canceled projects, assets and leftovers of project installations.
“What is clear from this report is that a secondary market is absolutely crucial for a again on a remark from PV hardware when unexpected events occur,” said Renee Kuehl, COO of Energybin. “Sun companies need a resale channel to destroy modules when projects go through or liquidations are needed.”
This year’s price index has been again classified by the indices of recent years to match the technological types of solar panels that are available for sales on today’s worldwide market. Each primary category-very-black, bifacial and monofacial-cover weighted average prices for P-type, N-type (if available) and combined. Data comes from resale statements of modules on the American market and ready to send. In general, the price index shows that new PV modules tend to maintain the resale value in the American secondary market, except when their technology is older, such as legacy polycrystalline modules. On the contrary, prices rise and fall due to market conditions that also the primary market, product availability for a certain month and the brand name and where modules were made and/or assembled.
“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.”
During H2 2024, the price averages on Energiebin were lower than the total American market, where the national average, as reported by NREL, was $ 0.33/W at the end of Q3.
“This indicator expresses the importance for wholesale buyers and sellers to include the secondary market in their price research processes,” Kuehl noted. “Even for people with strong supplier relationships, the use of the secondary market as an extra sales channel and Sourcing solution is good for business.”
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