The recently launched international solar industry online auction service Solar Exchange has been shortlisted as a semi-finalist in the ‘Start-Up Alley’ at Solar Power International (SPI), in Chicago.
The Start-Up Alley is a forum of 20 new solar companies showcasing ideas and business plans to compete for investor interest.
Solar Exchange is an online auction just for solar professionals to trade on all solar components from raw material manufacturers to utilities. The auctions allow for all nationalities to communicate and trade, sales are overseen by third party internet transaction business, escrow.com.
Solar Exchange is available in English, German and Chinese, with offices in the US, Germany, China and India
If successful, Solar Exchange plans to support other emerging solar markets. More than US$48 million of solar content has been auctioned via Solar Exchange so far.
“Solar Exchange is delighted to participate in SPI’s Start-Up Alley and we’re honoured to be recognised as an innovative new solar business,” said Solar Exchange CEO Gary Mull. “We look forward to presenting and spreading the word about our solution to extend global reach, accelerate sales, and reduce the costs associated with the sales and procurement process in the solar industry.”
SPI is an industry event in North America for all solar professionals, held this year in Chicago, 21-24 October. Solar Exchange will be at SPI booth number 3650.