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Yahoo
3 days ago
- Business
- Yahoo
Solar Panel Recycling Market worth $1.12 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 19, 2025 /PRNewswire/ -- The report "Solar Panel Recycling Market by Type (Monocrystalline, Polycrystalline), Shelf Life (Early Loss, Normal Loss), Process (Mechanical, Hybrid), Material (Silicon, Metal, Plastic, Glass) - Global Forecast to 2030", solar panel recycling market size is projected to grow from USD 0.39 billion in 2024 to USD 1.12 billion by 2030, registering a CAGR of 19.5% during the forecast period. A number of factors are creating demand for the solar panel recycling market. Increased adoption of solar energy around the world is leading to an increasing number of end-of-life panels that need to be disposed of. Environmental regulations and government policies related to the environment, encourage the responsible disposal of solar panels by proper recycling, as well as promoting circular economy waste practices. Authorization of the environmental dangers related to the improper disposal of solar panels has led to the urgent need for the more environmentally friendly recycling of these panels. In addition, there is an economic incentive based on the recovery of materials such as silicon, silver, and aluminum from panels that have been disposed of as well. Browse in-depth TOC on "Solar Panel Recycling Market" 140 – Tables60 – Figures200 – Pages Download PDF Brochure: Polycrystalline is anticipated to be the largest segment of the solar panel recycling market, based on type, during the forecast period Polycrystalline panels accounted for the largest market share of the solar panel recycling market mainly because they are used extensively in initial solar installations and are relatively affordable to manufacture. The panels have been the most preferred type for large-scale solar installations for the last two decades, particularly in the emerging and price-conscious markets, because of their relatively lower production cost compared to monocrystalline types. Consequently, a large proportion of old and retired solar panels that make it to the recycling pipeline today are polycrystalline. Polycrystalline panels have recoverable materials like glass, aluminum, and silicon that are easy to recover, making mechanical recycling techniques more viable and cost-effective. Their less complex cell structure also makes dismantling easier, with shorter processing time and cost. Early loss is anticipated to be the larger segment of the solar panel recycling market, based on shelf life, during the forecast period Early loss accounted for the larger market share of the solar panel recycling market due to the failure and premature disposal of early-installed panels as a result of unexpected failure. Most of these early-generation panels experienced defects during manufacture, were poor-quality materials, or where installation methods were inferior, resulting in compromised performance and reliability. The rapid development of solar tech has also led some system owners to upgrade to new, more efficient panels earlier than their life expectancy, adding volumes of discarded panels. In contrast to panels reaching their typical end-of-life, early-loss panels are entering the recycling stream in greater-than-expected volumes, spurring an immediate demand for recycling solutions. Request Sample Pages: Hybrid is anticipated to be the larger segment of the solar panel recycling market, based on process, during the forecast period Hybrid recycling accounted for the higher share of the solar panel recycling market due to its ability to achieve maximum material recovery and meet the continuous demand for materials in the marketplace. Unlike pure mechanical recycling, hybrid recycling offers a way to extract a broader range using mechanical, thermal, and chemical processes and yields high-purity silicon, silver, and rare metals. Hybrid methods will be especially effective for modern, high-efficiency solar panels with more complex materials, such as monocrystalline solar panels, which have ultimately combined and integrated various technologies. As environmental regulations become stricter to promote a circular economy, hybrid recycling provides value in sustainability and economic prosperity with less waste sent to landfills, increased recovery of critical raw material, and advanced recovery choices. Additionally, with increasing investments into advances in recycling processes, hybrid recycling will be an efficient, scalable, and commercially viable commitment for businesses. Metal is anticipated to be the largest segment of the solar panel recycling market, based on material, during the forecast period Metals accounted for the largest share of the solar panel recycling market because they represent a larger share of valuable, reclaimable materials in photovoltaic panels. Aluminium, copper, and silver are some of the key metals that are used as materials in the frames of panels, wiring, and contacts and therefore find high demand in recycling processes. Aluminium frames, especially, are present in high volumes and are easy to differentiate, which allows inexpensive recycling with high rates of recovery. Silver and copper, although they occur in lesser amounts, contribute significant economic value based on their relatively high market values and usage in different industries. Metals retain their properties when they are recycled and hence reused in producing new materials, contributing to circular economy objectives. The fact that metals are relatively easy to extract compared to other intricate materials such as silicon or plastics significantly increases their dominance in the recycling industry. Request Customization: Europe is expected to be the largest region of the solar panel recycling market during the forecast period Europe holds the largest market share in solar panel recycling due to its robust regulatory framework, advanced recycling infrastructure, and an overall commitment to sustainability. European countries have established comprehensive policy frameworks and targets to manage photovoltaic waste properly, stimulating investments in specialized recycling units. The relatively early adoption of solar energy in Europe means that a significant number of panels have reached or are approaching the end-of-life, further pushing the demand for recycling facilities. The region's emphasis on circular economy principles presents further opportunities for recycling as it encourages the recovery and reuse of economically valuable materials from solar panels, such as silicon, glass, or metals, as needed. With significant levels of both, public awareness and government support promoting green initiatives, conditions appear to be favorable for a rapidly growing emerging market for solar panel recycling. To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar panel recycling market. First Solar (US), Reiling GmbH & Co. KG (Germany), The Retrofit Companies, Inc. (US), Rinovasol Global Services B. V. (Netherlands), ROSI (France), We Recycle Solar (US), SILCONTEL LTD (Israel), Etavolt Pte. Ltd. (Singapore), PV Industries (Australia), and SOLARCYCLE, Inc. (US). Get access to the latest updates on Solar Panel Recycling Companies and Solar Panel Recycling Market Size Browse Adjacent Market: Equipment Machine and Tooling Market Research Reports & Consulting Related Reports: EVA Films Market - Global Forecast to 2029 Industrial Lubricants Market - Global Forecast to 2029 Milled Carbon Fiber Market - Global Forecast to 2029 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Al Etihad
3 days ago
- Business
- Al Etihad
In partnership with UAE Ministry of Economy, UAE Independent Climate Change Accelerators presents 10 finalists at Launchpad's Circular Economy Cycle event
19 June 2025 13:19 ABU DHABI (ALETIHAD)Ten climate tech start-ups have presented pioneering circular economy solutions at the showcase event for the latest Circular Economy Cycle of the Launchpad, hosted in partnership with the Ministry of Economy by UAE Independent Climate Change Accelerators (UICCA).The UICCA Launchpad is designed to fast-track the growth of climate tech start-ups by providing access to funding, market opportunities, mentorship, and policy guidance. Each cycle targets a critical area of climate action, with this edition dedicated to advancing circular economy solutions that eliminate or repurpose waste across key sectors, such as food, water, energy, and ten participating companies were selected from over 150 global applicants based on the potential of their climate technologies. These include solutions in decentralised composting, textile upcycling, critical minerals recovery, industrial reuse, food waste management, and circular desalination. The showcase marked the culmination of an intensive three-month accelerator, during which the participants received expert mentorship, training, and stakeholder engagement opportunities intended to help them scale their solutions in the and CEO of UICCA, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, said, 'True circularity challenges us to fundamentally rethink how our economy is designed, not just to reduce waste, but to regenerate systems and create lasting value. Through the UICCA Launchpad, we are backing the innovators who are turning this vision into reality. Their work is not only transforming industries but laying the groundwork for a future where sustainability and growth go hand in hand. Partnering with the Ministry of Economy allows us to amplify this impact and build the enabling environment needed for these solutions to thrive.'Assistant Undersecretary for Policies and Economic Studies Sector at the Ministry of Economy, Her Excellency Maria Hanif Alqassim, said, 'The Ministry of Economy is proud to serve as the official government partner of the UICCA Circular Economy Launchpad Programme. This initiative reflects the values we champion: cross-sector collaboration, support for scalable innovation, and the advancement of sustainable economic models. By uniting entrepreneurs, investors, regulators, and industry leaders, the programme aims to reshape our economic systems to be restorative by design. We look forward to working closely with UICCA, the private sector, and all stakeholders to turn this vision into reality.'The Circular Economy Cycle finalists included: Altera, Cauli, Circa Biotech, Desolenator, Excess Material Exchange, Food with Benefits, Novasensa, Terrax, The Waste Lab, and Yellow Octopus: Circular Solutions. These companies delivered live presentations to an audience of investors, policy stakeholders, and sustainability leaders from across the UAE. The UICCA Launchpad will continue with upcoming cycles focused on carbon solutions and climate adaptation, continuing to support the UAE's growth as a global hub for climate innovation.
Hans India
5 days ago
- Business
- Hans India
AP CM Chandrababu tasks officials for circular economy policy in AP
In a decisive move to enhance waste management in Andhra Pradesh, Chief Minister Chandrababu Naidu has tasked officials with finalising a comprehensive policy on circular economy within two months. This initiative aims to establish circular economy parks in three locations across the state within the year and to incorporate advanced machinery in waste-to-energy plants. During a high-level review meeting at the Secretariat in Amaravati, Naidu emphasised the urgent need to eliminate single-use plastics in Visakhapatnam, Vijayawada, Tirupati, Rajahmundry, and 17 other corporations by October 2. He also called for the establishment of 157 reduce-reuse-recycle centres in 87 areas throughout the state. In recognition of excellence in waste management, the Chief Minister announced the introduction of 'Swachhata' awards. Naidu directed that the backlog of accumulated waste be cleared immediately and demanded an actionable recycling and waste segregation plan within 90 days. The meeting focused on converting waste into wealth and optimising resource reuse, while also reviewing proposals from the Material Recycling Association of India regarding the establishment of Circular Economy Parks.
Yahoo
09-06-2025
- Business
- Yahoo
Inside information: Progress in the planning of Lassila & Tikanoja plc's partial demerger
Lassila & Tikanoja plcInside information 9 June 2025 at 9:00 a.m. Inside information: Progress in the planning of Lassila & Tikanoja plc's partial demerger The Board of Directors of Lassila & Tikanoja plc proposes the appointment of CEOs and CFOs for the Circular Economy and Facility Services businesses as part of the planned partial demerger. Eero Hautaniemi is proposed as the CEO of the Circular Economy business and Antti Niitynpää is proposed as the CEO of the Facility Services business as part of Lassila & Tikanoja plc's planned partial demerger. As part of the plan announced on 13 December 2024 to separate Lassila & Tikanoja plc's ("Lassila & Tikanoja") Circular Economy business into a new publicly listed company through a partial demerger of Lassila & Tikanoja ("Demerger"), the Board of Directors proposes that Eero Hautaniemi be appointed as the CEO of the independent Circular Economy business, should the partial demerger be executed. Simultaneously, the Board of Directors of Lassila & Tikanoja proposes that Antti Niitynpää, eMBA, born 1972, be appointed as the CEO of the Facility Services business remaining following the Demerger, subject to the completion of the Demerger. Eero Hautaniemi has served as the CEO of Lassila & Tikanoja and as a member of the Lassila & Tikanoja's Group Executive Board since 2019 and will continue in his current position as the CEO of Lassila & Tikanoja until the completion of the contemplated Demerger, in connection with which the appointments relating to the Demerger will come into effect. Antti Niitynpää has served as the Senior Vice President of Facility Services at Lassila & Tikanoja since 2021 and has over 10 years of experience in leadership positions within the company's facility services. Prior to that, he held several leadership positions at ISS companies for over 10 years. The Board of Directors of Lassila & Tikanoja plc additionally proposes that (Econ.) Joni Sorsanen be appointed as the CFO of the independent Circular Economy business and (Econ.) Mika Stirkkinen be appointed as the CFO of the Facility Services business, should the partial demerger be executed. Joni Sorsanen has served as the CFO of the Lassila & Tikanoja Group and as a member of the Group Executive Board since 2024 and will continue in his current position until the completion of the contemplated Demerger, in connection with which the appointments regarding the Demerger will come into effect. Mika Stirkkinen has over 20 years of experience in financial management, including serving as the CFO of Finnair. LASSILA & TIKANOJA PLC Board of Directors Jukka LeinonenChairman of the Board of Directors For additional information:Eero Hautaniemi, President and CEO, tel. +358 10 636 2810 Lassila & Tikanoja is a service company that is putting the circular economy into practice. Together with our customers, we keep materials, manufacturing sites and properties in productive use for as long as possible and we enhance the use of raw materials and energy. This is to create more value with the circular economy for our customers, personnel and society in a broader sense. Achieving this also means growth in value for our shareholders. Our objective is to continuously grow our actions' carbon handprint, our positive effect on the climate. We assume our social responsibility by looking after the work ability of our personnel as well as offering jobs to those who are struggling to find employment, for example. With operations in Finland and Sweden, L&T employs approximately 7,400 people. Net sales in 2024 amounted to EUR 770.7 million. L&T is listed on Nasdaq Helsinki. Distribution:Nasdaq HelsinkiMajor
Borneo Post
06-06-2025
- Business
- Borneo Post
DBKU seeks Net Carbon Friendship City partnership with Aberdeen
Hilmy (right) presents a souvenir to Dr Cameron during the visit. – Photo via Facebook/Dewan Bandaraya Kuching Utara KUCHING (June 6): Kuching North City Commission (DBKU) is looking to establish a Net Carbon Friendship City relationship with the Aberdeen City Council in Scotland, reaffirming its commitment to low-carbon city initiatives and sustainable urban development. According to a statement posted on DBKU's official Facebook page, the intention was conveyed by Kuching North Datuk Bandar Dato Hilmy Othman during a courtesy visit to the Lord Provost (Mayor) of Aberdeen City, Dr David Cameron, at Aberdeen today. During the visit, both parties exchanged views and information on initiatives aligned with the Net Zero Cities concept, aimed at advancing toward low-carbon cities. Also present were DBKU deputy director (Community Services) Rudzaimeir Malek and Energy Industries Council (Asia Pacific) Senior Business Development manager Awang Mu'awaludin. Aberdeen City has formulated its Net Zero Aberdeen Routemap, which outlines its pathway to achieving net zero emissions by 2045. The Routemap includes six empowerment strategies: the Mobility Strategy, Buildings and Heat Strategy, Circular Economy Strategy, Energy Supply Strategy, Natural Environment Strategy, and Empowerment Strategy. Hilmy is part of the Sarawak delegation led by Deputy Minister of Energy and Environmental Sustainability Sarawak Datuk Dr Hazland Abang Hipni, who attended the Energy Export Conference 2025 in Aberdeen on June 3 to 4. Other members of the delegation include Deputy State Secretary (Economic Planning and Development) Dato Sri Dr Muhammad Abdullah Zaidel; State Financial Secretary Dato Sri Dr Wan Lizozman Wan Omar; Senior State Counsel Dr Jady@Zaidi Hassim; SEDC Energy chief executive officer Robert Hardin; Sarawak Energy Berhad senior vice-president Siti Aishah; and Sarawak Energy Berhad general manager (Sustainability) Mohamad Irwan Aman. Aberdeen DBKU Net Carbon Friendship City
