VyaparCred Resources
Sourcing playbook

How to write a solar RFQ that gets good quotes

The elements a strong RFQ must contain, and the mistakes that produce bad quotes.

Quick answer

A solar RFQ that gets good quotes is precise on five things: the exact specification of every component, the quantity and phasing, the certification requirement as a hard condition, the incoterm and delivery timeline, and the format you want quotes returned in. The single biggest driver of quote quality is specification precision, if every supplier is quoting the identical thing, you get competitive, comparable quotes; if the spec is vague, suppliers quote different products and you cannot compare them. Send the finished RFQ to multiple verified suppliers at once so the quotes compete, and require certification up front so non-compliant options are filtered before you waste time on them.

Key takeaways
  • Precision drives quote quality: an exact spec means comparable, competitive quotes.
  • Include quantity and phasing so pricing reflects your real order, not a guess.
  • State certification (ALMM, IEC) as a hard requirement so non-compliant quotes are filtered early.
  • Fix the incoterm and timeline so freight and lead time are comparable across suppliers.
  • Send to multiple verified suppliers at once so the quotes actually compete.

Precision is everything

The quality of the quotes you get back is set almost entirely by the quality of the RFQ you send out. A vague RFQ produces vague, incomparable quotes, each supplier interprets the gaps differently, quotes a slightly different product, and you are left unable to tell who is genuinely cheapest. A precise RFQ produces the opposite: every supplier quotes the identical thing, so the quotes line up and compete directly.

This is why a good RFQ is a commercial instrument, not a formality. Everything below serves one goal, making every quote comparable. For where the RFQ sits in the procurement flow, see RFQ vs RFP in solar procurement.

The five elements a strong RFQ contains

ElementWhat to include
Exact specificationWattage, technology, tolerance, warranty, for every component in the BOM
Quantity and phasingTotal volume and whether it ships in one lot or staged
Certification requirementALMM, IEC, BIS as a hard condition, not a preference
Incoterm and timelineCIF or FOB, and the required delivery window
Response formatHow you want the quote structured, so quotes are easy to compare

Each of these removes a way that quotes can drift apart. Together they force every supplier onto the same page.

The mistakes that produce bad quotes

Most weak RFQs fail in predictable ways:

  • Vague specification. "Solar modules, around 550W" invites every supplier to quote a different product. Specify exactly.
  • Certification left implicit. If you do not state ALMM and IEC as hard requirements, you will get non-compliant quotes that waste your time, or worse, that you act on. See is ALMM mandatory.
  • No incoterm. Without a fixed incoterm, one supplier quotes ex-works and another CIF, and the prices are not comparable.
  • Missing volume. Suppliers cannot price competitively if they do not know the order size.
  • Sending to one supplier at a time. Even a perfect RFQ underperforms if there is no competition, see how to get quotes from multiple suppliers at once.

Require certification up front

One element deserves special emphasis because it saves the most pain: state your certification requirements as hard conditions in the RFQ itself. If you require ALMM-listed, IEC-certified modules, say so up front. This filters out non-compliant suppliers before they quote, so you never waste time comparing a cheap non-compliant option against a compliant one, or worse, order the wrong thing.

A non-compliant module can be rejected at customs and can disqualify a project, so building the certification filter into the RFQ protects both the shipment and the tender. For the full compliance picture, see the compliance guide.

Send it to the right suppliers, the right way

A precise RFQ still needs competition to produce its best price. Send the finished RFQ to multiple verified suppliers at once, so the quotes compete and come back comparable. The most efficient way is to post it on VyaparCred, which broadcasts your RFQ to verified suppliers across every corridor and returns comparable quotes, with certification and landed cost, in 24 to 48 hours.

Then attach financing to the quote you accept, PO Finance can fund up to 100% of the order, so a strong quote is one you can actually act on.

The VyaparCred solution

Turn a precise RFQ into comparable quotes

VyaparCred takes your RFQ, broadcasts it to verified suppliers across every corridor, and returns comparable quotes with certification and landed cost in 24 to 48 hours.

Your exact specification reaches multiple verified suppliers at once.

Certification is confirmed on every quote, so non-compliant options are filtered.

Attach PO Finance to the accepted quote and fund up to 100%.

Common questions

How do I write a solar RFQ that gets good quotes?
Be precise on five things: the exact specification of every component, quantity and phasing, certification as a hard requirement, the incoterm and delivery timeline, and the response format. Then send it to multiple verified suppliers at once so the quotes compete.
What makes a solar RFQ produce comparable quotes?
Specification precision. If every supplier quotes the identical product, incoterm and timeline, the quotes line up directly. If the spec is vague, each supplier quotes something different and the quotes cannot be compared.
What are the most common RFQ mistakes?
Vague specification, leaving certification implicit, omitting the incoterm, missing volume, and sending to one supplier at a time. Each breaks comparability or removes the competition that sharpens price.
Should I state certification requirements in the RFQ?
Yes, as hard conditions. Stating ALMM and IEC requirements up front filters out non-compliant suppliers before they quote, so you never waste time on, or accidentally order, a non-compliant product.
Does a good RFQ need to go to multiple suppliers?
Yes. Even a perfect RFQ underperforms without competition. Sending it to multiple verified suppliers at once is what makes the quotes compete and produces the best comparable price.
How fast can I get quotes back from an RFQ?
Posting your RFQ on a marketplace that broadcasts to verified suppliers typically returns comparable quotes in 24 to 48 hours, with certification and landed cost included.
AC
Written by

Abhiraj Chakrabarti

Co-Founder, VyaparCred

Second-time founder with a prior D2C exit and 12+ years at the intersection of capital, technology and underserved markets. Building credit infrastructure for India's clean energy transition.

Connect on LinkedIn
Why VyaparCred

Source the full BOM and finance the order, from one RFQ

VyaparCred is a global solar procurement and finance network built for EPCs, developers and importers, bringing verified suppliers, transparent landed cost and embedded finance into a single flow.

Verified suppliers

Every supplier is vetted and certification (ALMM, IEC) is confirmed before they can quote.

One RFQ, many quotes

Post a single RFQ and compare verified quotes across corridors on landed, compliant cost in 24-48h.

Embedded finance

Attach PO Finance or Trade Finance to the order and fund up to 100%, decision in around 48 hours.

Every corridor

Access suppliers across China, Vietnam, Thailand, Malaysia and more, from one place.

The solar trade brief, monthly

Sourcing signals, corridor duty changes, and finance playbooks. No spam.

Please note: Any figures, timelines and cost estimates in this article are indicative and for general guidance only, not exact or guaranteed values. They vary by supplier, order, corridor and current market and regulatory conditions. Verify the specifics that apply to your situation before making commercial decisions.