An online trading platform has been launched by Solar Exchange, a business-to-business (B2B) global online marketplace, aimed at professionals in the solar power industry.
In its first week of operation, the new site, which uses an online auction system, listed over US$28 million in solar content.
So far, 25 founding member companies have signed up for the service, including Wirsol, REC and Tata Power Solar.
California-based Solar Exchange claims the system is easy, safe and secure, with licensed online escrow services company escrow.com acting as integrated partner.
Features on the Solar Exchange site include a 'request-for-quote' form, which allows users to specify their requirements for goods and services and post them online with the option either to make the listing available for bids to all suppliers and manufacturers, or to a selected list of suppliers and manufacturers.
According to a company blog entry, users of Solar Exchange “would be able to conveniently and securely source, buy and sell materials and finished goods on a global basis, thereby removing barriers of language, time, geography, and cost, with complete price transparency”.