Latest Developments in Global Solar Panel Recycling Market

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Latest Developments in Global Solar Panel Recycling Market

  • Chemical and Materials
  • Apr 2025
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In November 2024, SOLARCYCLE announced plans to establish a 5 GW solar panel recycling facility in Georgia, which is set to become the largest in the U.S. This facility is engineered to process up to 10 million solar panels annually, addressing a significant portion of the anticipated 25-30% of solar modules projected to reach their end-of-life by 2030
  • In September 2024, Canadian Solar Inc. formed a strategic partnership with SOLARCYCLE, positioning itself as a leader in the solar industry by providing extensive recycling services for crystalline silicon solar modules to its U.S. customers. Under this collaboration, SOLARCYCLE will be the exclusive recycling partner for Canadian Solar, which will also function as an OEM partner. This alliance allows Canadian Solar’s customers to access recycling services upfront at purchase
  • In May 2024, less than a year after launching its first PV recycling facility in Germany, Reiling made two significant technological breakthroughs in recycling silicon-based PV modules. They substantially enhanced the quality of recovered PV glass and successfully implemented industrial-scale silicon recovery. These advancements represent critical milestones in the processing of PV modules for advancing toward a closed recycling loop for solar panel materials
  • In February 2024, Veolia announced plans to launch more than 40 solar projects on its selected non-hazardous restored landfills, aiming for a total installed capacity of 300 MW. These photovoltaic panels would cover approximately 400 hectares, generating enough electricity to power 130,000 households. The initial plants are scheduled to become operational by 2027
  • In January 2024, First Solar inaugurated its fully vertically integrated solar manufacturing facility in Tamil Nadu, marking its sixth operational factory. This facility joins First Solar’s existing operational factories in the U.S., Malaysia, and Vietnam. The facility with an annual capacity of 3.3 GW would employ around 1,000 people directly. The project, which represents an investment of approximately USD 700 million, including USD 500 million in financing from the U.S. International Development Finance Corporation (DFC)