Solar Generator Auction Platform

How do solar auction sites work?

Auction sites operate bidding platforms and usually assess both the winning-bid buyer and the seller with fees and premiums at the time of sale. EnergyBin is a member organization comprised of vetted solar companies who pay annual dues to connect with other members, share market intelligence, and buy & sell wholesale solar equipment.

What is the res auctions platform?

The RES Auctions Platform is a deliverable of the EC Communication Wind Power Action Plan (COM (2023) 669 final). The platform consolidates the main information from Member States on planned renewable energy auctions in the EU.

What does a solar auctioneer do?

The auctioneer acts as an intermediary between the buyer and seller. However, the auctioneer doesn’t take possession of the solar equipment. One of the most unique value points about EnergyBin is that it is an exclusive network of PV professionals from across the supply chain. EnergyBin attracts PV professionals from around the world.

Should you sell your solar equipment at a solar auction?

The flexibility to sell single parts comes in handy for legacy models or project leftovers that attract buyers who are looking for replacement parts. While on auction sites, solar equipment lot sizes are large (usually starting at 500 kilowatts and spanning into megawatt levels).

Can a wholesale solar company sell surplus solar equipment?

Wholesale solar companies have two main options for selling excess, surplus, clearance, and used PV equipment in the secondary market. They can utilize auction sites, and they can join EnergyBin, the wholesale solar B2B exchange for the world’s PV professionals.

What is a solar & wind procurement exercise?

The procurement exercise will be the country’s second attempt to support large-scale solar and wind under the current auction scheme that plans to assign 2.26GW of renewable energy capacity to drive renewable growth in the power mix.