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New data from EnergyBin and Buckstop indicates used solar panels constituted a minimal portion of resale listings last year. The information shows that pre-owned and legacy modules represented only a small fraction of the supply on a wholesale market platform in 2025, a figure that has declined significantly from previous years.
According to the report, the vast majority of modules listed for resale were new and never installed, often originating from canceled or delayed projects. Total module listings on the platform increased in 2025 compared to 2020, suggesting a gradual expansion of the downstream hardware market. However, an oversupply of new modules is creating a difficult economic environment for the reuse of older equipment.
The average price for used modules fell substantially by the end of 2025 compared to early 2024. This narrow margin complicates the financial viability of remarketing and repairing used panels. Consequently, a portion of the current supply of used modules may be moving directly to export or recycling channels instead of through wholesale marketplaces.
Market analysts suggest that prices for used modules are likely to remain low until a global correction for new module oversupply occurs. Not all used panels face equal market pressure, as newer models with very low annual degradation rates retain more resale potential, with buyers showing a preference for long-term reliability.
Technological change is another factor influencing the secondary market. Older P-type module architectures dominate current resale inventory, while the industry shifts toward N-type technology. This transition is expected to accelerate the phase-out of older models from the market. Separately, legacy modules, though unused, accounted for a very small share of supply as they cannot compete with newer, more efficient products.
Future market dynamics may shift due to factors like sustained financial losses among major manufacturers and sharply rising input costs, such as for silver, which is increasing production expenses. These conditions could eventually create an opportunity for pre-owned solar equipment.
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