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95% of Resale Solar Panels Are Brand New!

3/13/2025

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Summary

EnergyBin's Price Insights

EnergyBin's 2024 Annual PV Module Price Index uncovers a remarkable trend: 95% of the 1.7 million solar panels for resale are brand new, a result of surplus inventory and halted projects. This highlights the vital importance of a secondary market in reducing waste and enhancing asset recovery, as prices shift with market dynamics and demand.

Summary

OpenSolar Revolutionizes Permitting

OpenSolar's integration with SolarAPP+ is revolutionizing rooftop solar permitting, with potential savings of up to $4,500 on installation costs. In a remarkable surge, solar energy contributed a record 50 gigawatts to the U.S. grid in 2024, driven by Texas's leadership and the growing appetite for renewable energy amid political hurdles.

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EnergyBin's Price Insights

EnergyBin's 2024 Annual PV Module Price Index uncovers a remarkable trend: 95% of the 1.7 million solar panels for resale are brand new, a result of surplus inventory and halted projects. This highlights the vital importance of a secondary market in reducing waste and enhancing asset recovery, as prices shift with market dynamics and demand.

1 / 2