Ontility kicks off online spot market price bid platform for PV module

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Ontility is advising that it is helping its customers take advantage of the current market solar module oversupply with its launch of BidaMod, a module bidding platform for solar module buyers and installers. By sending Ontility one’s panel spec requirements and preferred price, the company advises that its purchasing team will match a buyer’s solar module needs with the latest competitive offers from module manufacturers. 

“With the large solar module oversupply we have witnessed unprecedented solar module price movements and a very dynamic market environment. With the solar module overcapacity, today’s solar module buyers and installers have more leverage to demand and secure the best real time price available from the plethora of module manufactures from across the globe. The BidaMod program provides support for the end-to-end procurement process from selecting the right module, to securing the modules, to module inspection, to module delivery” states Thomas Pash, Ontility’s president and CEO.

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Buyers are required to fill out an online form, email or call Ontility to begin the process. The company will then send the buyer the best module offers and pricing while also claiming to help the buyer choose the best bid for the project.

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