Recycling old solar panels could generate nearly $1 trillion by 2060

AI Summary

Recycling of discarded solar panels is projected to generate nearly $1 trillion in economic value by 2060 while mitigating significant environmental risks from waste. Middle-income countries, notably China, will become key sources of retired panels, prompting calls for phased subsidy strategies and capacity building.

Discarded solar panels will create significant waste by 2060, posing environmental risks. Proper recycling can unlock nearly one trillion dollars in economic value from these materials. Middle-income countries, especially China, will become major sources of retired solar panels. A phased subsidy strategy can ensure fairer economic benefits between richer and poorer regions. Building recycling capacity now prepares for a growing waste stream and strengthens supply chains.