Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • SPW State News Hub
      • IRA coverage
      • Solar tariffs
      • U.S. manufacturing updates
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • The Solar Policy Scoop
    • IRA Coverage
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • Winners of SPW’s 2024 Top Products
    • Batteries and Storage
    • Electric Vehicle (EV)
    • Inverters
      • U.S. solar inverter manufacturers
    • Racking and Mounting
      • U.S. solar mounting manufacturers
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • U.S. solar inverter manufacturers
      • U.S. solar mounting manufacturers
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
    • Voices
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Advertise
  • Subscribe

Report shows solar module prices in secondary market stay steady over last two years

By Kelly Pickerel | January 31, 2022

Share

Solar product exchange EnergyBin has released its first “PV Module Price Index for the Secondary Solar Market” report. This is likely the first look at the pricing of crystalline-silicon modules at a wholesale level, outside traditional distribution channels.

Credit: Soligent

As a B2B wholesale solar equipment exchange with over 500+ member companies, EnergyBin facilitates the connection of solar companies looking to buy and sell PV equipment. Although transactions do not take place on the EnergyBin platform, sales listings documented a total of 2.1 million modules (or 746 MW) posted to the site from the past two years. EnergyBin compiled the price index using its sales listings of modules posted, comparing 2020 to 2021.

“This data serves an important role in the growth of solar. We very much believe that a necessary component to solar becoming mainstream is for the industry to have a robust and vibrant secondary market,” says Renee Kuehl, Director of Sales & Marketing at EnergyBin. “The PV module price index presented by EnergyBin indicates the health of the secondary solar market and provides a needed resource in understanding the availability of modules with a range of technology classes, in various conditions (primarily new) that are not only affordably priced, relative to global prices, but in many cases are offered below market value.”

U.S. Spot Market PV Module Prices by Technology ($/W) / Dec. 2020-Dec. 2021

Although prices on the EnergyBin exchange for all c-Si module classes (except low-cost and used) increased in 2021, the percentage change from January 2020 to December 2021 was comparable to or lower than national average trends. Other than all-black modules, which saw a 25.3% increase, prices in each module class didn’t change beyond what may be expected from year to year. In the high-efficiency and low-cost classes, December 2021 prices decreased by 5% from January 2020 prices. The report also found that some prices paced below global averages. High-efficiency (340 W and higher) and mainstream (between 275 and 335 W) modules listed as low as $0.24/watt and $0.25/watt, respectively.

“Letting equipment pile up in warehouses or even recycling it when there is life left is counter-productive to the mission of solar itself; beyond that, there is real business opportunity here. Equipment savings, lowering soft costs, and fulfilling maintenance needs, to name a few, are all upshots of a secondary market,” Kuehl says.

The modules reported in the price index are available via a wide variety of circumstances, again, proving the need for a strong secondary market. Excess inventory from projects completed, inventory from canceled projects, and clearance efforts by companies wishing to free up storage space are common scenarios. EnergyBin provides the platform to move that equipment.

News item from EnergyBin

About The Author

Kelly Pickerel

Kelly Pickerel has over a decade of experience reporting on the U.S. solar industry and is currently editor in chief of Solar Power World.

Comments

  1. Solarman says

    January 31, 2022 at 2:59 pm

    There is a trend of secondary or used solar PV panels being repurposed in community solar PV projects. A lot of the community projects are low interest loans or grants from other government entities from the DOE down to the local utility energy efficiency programs. At around $0.24/watt up to around $0.62/watt gives these projects more bang for the buck and as mentioned smaller solar PV companies can find direct replacement for older damaged panels on older string wired arrays.

    Reply

Tell Us What You Think! Cancel reply

Related Articles Read More >

RWE contracts SOLARCYCLE for recycling decommissioned solar panels
SEG Solar starts production at cell factory in Indonesia
Canadian Solar to ship 660-W TOPCon module later this year
CSPR opens solar panel recycling facility in New Jersey
Solar Power World Digital Edition
Check in with the nation's leading solar construction magazine today.
 
“the-informed-solar-installer”
“solar
“spw
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for Solar Power Professionals.

Contractor’s Corner Podcast

“solar
Solar Power World
  • Top Solar Contractors
  • Solar Articles
  • Windpower Engineering & Development
  • Leadership
  • About/Contact Us
  • Subscribe
  • Advertising
  • WTWH Media

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | RSS

Search Solar Power World

  • Home
  • Top Solar Contractors
  • Articles
    • Most Recent Posts
    • News
      • Latest News Items
      • SPW State News Hub
      • IRA coverage
      • Solar tariffs
      • U.S. manufacturing updates
    • Featured
      • Latest Feature Stories
      • Contractor’s Corner
      • Trends in Solar
      • The Solar Explorer
  • Policy
    • The Solar Policy Scoop
    • IRA Coverage
  • Markets
    • Residential
    • Commercial
    • Community Solar
    • Utility
  • Products
    • Winners of SPW’s 2024 Top Products
    • Batteries and Storage
    • Electric Vehicle (EV)
    • Inverters
      • U.S. solar inverter manufacturers
    • Racking and Mounting
      • U.S. solar mounting manufacturers
    • Software
    • Solar Panels
      • U.S. solar panel manufacturers
  • Resources
    • About SPW
    • Digital Issues
    • Event Coverage
    • Podcasts
    • Product Manufacturing Locations
      • U.S. solar inverter manufacturers
      • U.S. solar mounting manufacturers
      • U.S. solar panel manufacturers
    • Solar Classrooms
    • Suppliers
    • Videos
    • Webinars / Digital Events
    • Whitepapers
    • Voices
  • 2025 Leadership
    • 2024 Winners
    • 2023 Winners
    • 2022 Winners
  • Advertise
  • Subscribe