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Follow on Google News | Solar Module Recycling - A Necessary Step to Maximize Environmental Benefits of Solar PV IndustryGlobal Solar PV Market Grew 40% during 2000-2010.The report also provides analysis on some of the major environmental benefits of PV recycling in the future.
By: Rajesh Gunnam With the annual number of solar Photovoltaics (PV) installations rising, there is a growing need for processing PV waste in the coming years. The waste generated by end-of-life modules in 2025 is expected to be approximately 24,855 tons. This waste is expected to further increase to 1,161,173 tons by 2035. Crystalline modules will account for the majority of solar PV waste generated during this period, rising from 19,475 tons of waste generated in 2025, to 1,098,282 tons by 2035. Against this backdrop, PV recycling will become an emerging market during these 15 years. For a watt of PV module treated in the recycling unit, $0.58 in recycled value is expected to be generated in 2025. With a 100% collection rate, 278 MW of end-of-life modules are expected to be recycled in 2025. Due to the rising trend of annual installations during the period from 2000 to 2010, it is expected that the end-of-life modules will increase to 17,000 MW by 2035, whilst the per watt recycled product value of these modules is expected to reach $1.21. . The major factors driving this trend are the rising annual installation trends during 2000-2010, the expected increase in recycling rates of module materials, as well as the market price variations of these materials. For Sample Pages, please click or add the below link to your browser: http://globaldata.com/ The total recycled product value of crystalline modules is expected to increase from $122m in 2025 to $12,908m by 2035. In 2025, the recycled product values of glass and aluminium are expected to account for $105m and $11m of the $122m respectively. These recycled values are expected to reach $11,066m and $1,131m respectively by 2035. The two major factors driving the rise of the recycled product value of these materials will be the increased recycled mass of the glass and aluminium and the expected market price variations of the crystalline modules. “Solar Module Recycling - A Necessary Step to Maximize Environmental Benefits of Solar PV Industry” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the PV recycling industry. The research provides an understanding of the PV recycling market by processes involved in the market. The research also provides forecast analysis of the global PV waste generated and recycled, globally. The report details the cost analysis of PV recycling process by technology such as c-Si, a-Si, CdTe and CIGS. The report also provides analysis on some of the major environmental benefits of PV recycling in the future. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s Team of industry experts. For further details, please click or add the below link to your browser: http://globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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