The iSolar Exchange online marketplace is designed to create a secure site that connects the entire supply, manufacture, and delivery channels for solar and renewable energy products and services - worldwide.
The iSolar Exchange online marketplace is designed to create a secure site that connects the entire supply, manufacture, and delivery channels for solar and renewable energy products and services - worldwide. iSolar Exchange is an open supply channel. All members can participate and engage with channel members up or down the supply chain.
The iSolar Exchange moves the solar and renewable industry purchasing cycle online, where transactions can happen instantaneously, with far better financial results for both Buyers and Sellers.
iSolar Exchange is the only global solar marketplace to offer Private Sales Exchange Networks for both Forward and Reverse (RFQ) Auctions and Competitive Sealed Bids. Buyers or Sellers can create their own Private Sales Exchange Networks and conduct business outside of public view.
Private Sales Exchange Networks provide a Forward Auction sales channel out of public view. Manufacturers can liquidate excessive inventories, seconds, returns, B-grade materials and excess or underutilized manufacturing equipment and invite their own list of private pre-qualified Buyers.
Completely anonymous to the general public, only invited Buyers or Sellers can bid or see the Auction. Sellers can liquidate inventories and surplus products in private to pre-qualified invited buyers without publishing and undercutting their public market pricing.
Manufacturers, EPC's and Solar Developers using Private Sales Exchange Reverse (RFQ) Auctions can invite pre-qualified solar manufacturers and contractors to bid on projects, all in private using real time competitive bidding between Sellers. Buyers also have the choice to use the more traditional "Competitive Sealed Bids" according to Michael Gumm, iSolar Exchange's Founder.
As a founder of two solar manufacturing companies it became apparent to me, the solar industry is still a highly fragmented supply chain making it difficult for Buyers and Sellers to connect and for manufacturers to penetrate new markets, especially in new rapidly shifting and growing overseas markets.
With the solar industry sitting atop a huge global inventory of solar modules. iSolar Exchange provides a direct sales channel for Buyers and Sellers in North America, South American, Asia, Africa and Europe to connect and to do deals instantly while reducing the cost of both sales and procurement transaction cost, with savings up to 25%.
The public Forward Auction Portal offers advanced sales features such as "Name Your Own Price", "Buy Now", Proxy or Automatic Bidding and "Item Notification" for specific products that come up for bid in addition to standard Forward and Dutch auction bidding.
There are no membership fees; registration is free at iSolar Exchange. Transaction cost is 1% or less for Sellers, there are no transaction fees for Buyers.
iSolar Exchange Inc.