Energy Magazine December 2022 | Page 58

TECHNOLOGY
Market Research has predicted that the solar panel recycling market is expected to be worth US $ 600mn with recycled output as high as 894,000 tonnes .
The report showed that solar panel recycling operations have recently expanded in the United States after legislation relating to solar panels had been addressed and due to advancements in technological progress .
The main issue , according to the research , which is driving the need to recycle , is the growing amount of waste from panels , which includes poisonous substances which contaminate water supplies . Panels which have reached the end of their lifespan can be broken down for recycling using a variety of techniques including mechanical , chemical , and lasers .
A key finding of the report and reason to recycle was that researchers are currently looking for ways to retrieve the silicon material from abandoned solar panels . Experts ’ predictions show that silicon will generate the highest revenue , therefore accounting for a substantial portion of the recycling market .
Adopting Agrivoltaics For another investment opportunity , businesses could turn to farms and adopt
58 December 2022