Solar panel recycling market could be worth $15bn by 2050 – Feedback

Glass and other materials recycled from decommissioned solar PV panels could be worth as much as $15bn to the global economy by 2050.

According a new report released today by the International Renewable Energy Agency (IRENA) and the International Energy Agency’s Photovoltaic Power Systems Programme, recycling or repurposing solar PV panels at the end of their working life – around 30 years – can unlock a large stock of raw materials and other valuable components. Although solar PV recycling is still a relatively young industry, renewables targets and subsidies have seen capacity increase significantly in the UK and other EU countries, while the US, India and China are also now beginning to experience growth. The study, which claims to be the first-ever projection of PV waste panel volumes up to 2050, estimates that PV panel waste, comprised mostly of glass, could total 78 million tonnes globally by 2050 as more solar energy capacity comes online in the coming years.

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