Solar Panels Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis
The solar panels will grow at a CAGR of 10.72% during 2021-2025. Prices will increase by (4)%-(6)% during the forecast period and suppliers will have a moderate bargaining power in this market. Trina Solar Co.Ltd., JinkoSolar Holding Co. Ltd., Canadian Solar Inc., JA Solar Technology Co. Ltd., Hanwa Q Cells Co. Ltd., GCL-Poly Energy Holdings Ltd., LONGi Green Energy Technology Co. Ltd., Risen Energy Co. Ltd., HELIENE Inc., and Itek energy are among the prominent suppliers in solar panels market.
Who are the Top Suppliers in the Solar Panels Market?
Browse table of contents & list of exhibits and sample illustrations on spend growth, pricing trends, etc.
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Leading global suppliers can assist buyers in realizing high-cost savings through their efforts on areas such as forward integration, supplier synergies, reducing total ownership cost, manage ad hoc spend, negotiate on pricing and contractual terms, managing labor price volatility, level of automation, reduction in ad-hoc spend, and managing commodity price volatility. Collaborations with global suppliers will also help buyers in cost-saving and ensuring high-quality procurement in the dynamic market.
This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their solar panels requirements. Some of the leading solar panels suppliers profiled extensively in this report include:
Trina Solar Co.Ltd.
JinkoSolar Holding Co. Ltd.
Canadian Solar Inc.
JA Solar Technology Co. Ltd.
Hanwa Q Cells Co. Ltd.
GCL-Poly Energy Holdings Ltd.
LONGi Green Energy Technology Co. Ltd.
Risen Energy Co. Ltd.
HELIENE Inc.
Itek energy
Supplier Selection and Evaluation
Profile and service capabilities of the service provider, industry specialization of the service providers, reputation of service providers, and assessment of value-added services are some of the most critical parameters that buyers use to shortlist the suppliers in solar panels.
This report evaluates suppliers based on credibility, vertical integration, ability to offer panels with high ratings and narrow range, and warranty terms. In addition, suppliers are also shortlisted based on business needs, technical specifications, operational requirements, security compliance, regulatory mandates, legal requirements, quality control, change management procedures, pricing models, penalty clauses, sla nuances, acceptance criteria, and evaluation criteria.
What are the Major Pricing Trends in Solar Panels Procurement?
The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for solar panels with the wider industry and identify the cost-saving potential.
Volume-based pricing model, ppa pricing model, and solar leasing pricing model are the most widely adopted pricing models in the solar panels. Each pricing model offers optimum benefits and fitment in specific situations. Buyers should identify the model that suits their operations in the best manner and link supplier performance to the pricing models.