EnergyBin’s H1 2026 PV Module Price Index offers a mid-year view into pricing activity across the solar secondary market, supplementing the annual PV Module Price Index published each spring. Based on the exchange’s resale listings from January through June 2026, this report highlights how shifting supply conditions, changing module preferences, and broader policy and trade pressures are influencing wholesale pricing.
For buyers, sellers, and asset owners navigating today’s market, the index provides timely insight into where pricing stands, what is driving current trends, and how the solar secondary market continues to create opportunities for cost savings, asset recovery, and more fair and transparent pricing.
Prices reach lowest levels in two years
Excluding All Black modules, prices for new module types listed on the secondary market have declined since 2024. As of June 30th, prices were down year-over-year by 33% for Bifacials, 56% for Monofacials, and 11% for Legacy modules. Since June 2024, prices decreased by 14% for Bifacials, 28% for Monofacials, and 7% for Legacy modules.
This is good news for the savvy buyer who may be looking for deals to offset operational expenses. For example, in June, Canadian Solar 620-watt TOPCon Bifacials listed for $0.180 per watt as well as Boviet 450-watt Bifacials also for $0.180 per watt on EnergyBin. These modules listed lower than the average price per watt of $0.201.
Monofacials also boasted deals. In June, for example, ZnShine 395-watt modules listed for $0.080 per watt on up to QCELLS 400-watt modules for $0.210 per watt.
However, the low-price trend did not ring true for All Black modules, which continued to carry a higher premium within the secondary market. In June, the average price per watt was up 54% from June 2025 and 69% from June 2024. Based on these prices, buyers paid more than double for All Black modules over comparable Bifacials and Monofacials.
Used module prices increased to an average of $0.100 per watt after taking a hit over the past two years because of global oversupply of new modules. This is also good news, as a higher price makes used module resale more viable.
The supply of used modules listed on EnergyBin in H1 2026 remained minimal compared to new modules. However, listings noted that they were tested and in ‘excellent condition’. For example, in May, First Solar 455-watt modules that had been in operation for just seven months last year were reselling at $0.10-watt. This lot is typical of the used modules historically listed on the EnergyBin exchange reflecting its wholesale membership base.
All in all, the secondary market continues to expand at prices that are lower than the U.S. national average range of $0.280-0.325 per watt. Even with a reported 20% annual price decline for primary market modules in the residential and commercial sectors, the secondary market is beating national averages. On EnergyBin, the average range was $0.140-0.201 per watt for P-Type and N-Type modules (excluding All Black) in H1 2026.
This price trend likely correlates to the ongoing supply glut as well as the rush to offload Mono PERC modules as N-Type modules exceed 60% of global production. Time will tell if this trend will continue throughout the second half of 2026.
Where’s the supply coming from?
The mid-year price index analyzed modules listed for resale on EnergyBin from January through June of 2026. Both new and used modules spill into the secondary market for a variety of reasons, including changing market conditions, such as the global supply glut and the increasing dominance of N-Type modules that are replacing PERC modules.
Additionally, the secondary market is not immune to geopolitical factors that target the overall solar industry. For example, in the United States, researchers reported that since signed into law, the One Big Beautiful Bill Act has cost the country about 10 gigawatts of lost solar capacity and 9 gigawatts of energy storage.
If modules had already been procured for any given cancelled project, then they likely flowed into resale channels following cancellation. On EnergyBin, 91% of Bifacials listed for resale during H1 2026 ranged in power from 535 watts to 705 watts. The average lot size was 3.2 megawatts up to 10 megawatts. Although resellers are not required to communicate the resale cause, many have volunteered the information, noting project cancellations as a major factor for remarketing. The available bulk volumes listed at deep discounts, which implied a rush by resellers to liquidate assets.
While project cancellations increase secondary market supply, other policies and regulations, such as the Foreign Entity of Concern (FEOC) framework can drive prices up as demand for FEOC-compliant modules increases. On EnergyBin, average FEOC-compliant Bifacials were priced at $0.350 per watt (43% higher than the overall average price per watt of $0.201). Although the markup is favorable for resellers, it can present a skewed price range within the secondary market.
Furthermore, tariffs can also drive up prices. For the most part, secondary market supply is material that already resides within a given geographic region and therefore has long since cleared customs. One exception is surplus modules sold to a reseller who imports them from a foreign entity. These shipments are subject to import duties, and the cost is likely passed onto buyers.
Add demand for any given module type or manufacturer, and the price could spike beyond what buyers are willing to pay. For example, the average price per watt of QCELLS 430-watt N-Type All Black modules on EnergyBin in Q2 was $0.650 per watt. In June, a new anti-dumping and countervailing petition to investigate South Korea was filed. If the U.S. Department of Commerce confirms this allegation, South Korea, and most notably QCELLS, could face tariffs as steep as other southeast Asian countries.
Finally, repowering projects can lead to large volumes of decommissioned modules that flow into the secondary market. When market conditions are favorable for repowering, an asset owner may decide to upgrade module technology, even if the system is not yet at end-of-life or matured warranty.
Both resale and recycling sectors anticipate a secondhand module boom in the next 5-10 years. The resale sector is projected to grow from $7,774 million in 2025 to $10,590 million by 2031. On EnergyBin, used modules for resale increased by 41% in H1 2026 from the same time last year. This upturn is yet another signal pointing to a growing secondary market.
Looking forward
As the market moves into the second half of 2026, the downward price trends illustrated in this index appear likely to continue. Although, prices won’t change significantly from H1 to H2. The secondary market has been known to fluctuate as a result of a volatile primary market.
It’s recommended that wholesale buyers incorporate the secondary market into their procurement practices to ensure access to deals beyond what their primary vendors may offer. On EnergyBin, a buyer can easily send RFQs to multiple vendors to get an updated pulse on market prices and product availability.
For wholesale sellers, it’s recommended that resale values are regularly viewed on exchanges, like EnergyBin, to ensure accurate list prices for new and used modules. Plus, consistently uploading inventory to multiple resale channels helps to expand visibility to a larger buyer base.
Conclusion
The H1 2026 price index reinforces the secondary market’s growing importance as a source of both market intelligence and procurement opportunity. With most module categories reaching their lowest price levels in two years, buyers have continued access to wholesale pricing well below broader U.S. market averages, while sellers can use current resale data to price inventory more competitively and respond to changing demand.
At the same time, rising activity in used modules, project cancellations, repowering, FEOC considerations, and tariff uncertainty all point to a market that is becoming more dynamic and increasingly relevant.
As 2026 progresses, companies that closely monitor resale trends and actively participate in trusted resale channels will be better positioned to capture value, improve traceability, and adapt to ongoing change in the secondary market.
More Resources
PV Hardware Resale: Turning Excess Inventory into Opportunity
Why the Secondary Market is Good for the Solar Industry
A Comprehensive Guide to Wholesale Solar Equipment Brokering