Photovoltaic panel recycling and dismantling industry welcomes major benefits, and a market space of hundreds of billions is waiting to be released

With the growing global demand for clean energy, the photovoltaic industry, as an important part of green energy, has developed rapidly in recent years. However, as the photovoltaic panels installed earlier gradually enter the retirement period, the photovoltaic panel recycling and dismantling industry came into being and became an emerging field that has attracted much attention. Recently, a series of good news has been received, injecting strong impetus into the development of the photovoltaic panel recycling and dismantling industry.

The "Guiding Opinions on Promoting the Recycling of Retired Wind Power and Photovoltaic Equipment" issued by the National Development and Reform Commission and other departments clearly proposed to strengthen the upstream and downstream coordination of the industrial chain, promote the recycling of retired photovoltaic equipment, and maximize resource utilization efficiency. The introduction of this policy provides clear policy support and development direction for the photovoltaic panel recycling and dismantling industry.

In terms of technological breakthroughs, my country's scientific research teams and enterprises have continuously increased their R&D investment and achieved a series of important results.  The world's first fully recycled photovoltaic module made of recycled materials from photovoltaic modules has been successfully launched, with a conversion efficiency of up to 20.7% and a power of more than 645W, marking a major breakthrough in the recycling and reuse of waste photovoltaic modules in my country. China has the ability to dismantle waste photovoltaic modules in a green way, extract materials, and remanufacture them through reuse technology, which can return most of the materials to the industrial recycling system.

According to the "White Paper on China's Photovoltaic Recycling and Recycling in 2024", under the condition of early retirement, the cumulative market size of photovoltaic recycling is expected to reach about 26 billion yuan in 2030, and the market size is expected to reach about 420 billion yuan in 2050, which undoubtedly shows the huge development potential of the industry. Many companies and capital have keenly captured this business opportunity and have laid out the field of photovoltaic panel recycling and dismantling, and the market activity has continued to increase.

Industry experts said that the development of the photovoltaic panel recycling and dismantling industry will not only help solve the environmental problems caused by retired photovoltaic panels, but also realize the recycling of resources and reduce the production cost of the new energy industry, which is of great significance to promoting the sustainable development of my country's green energy industry.  With the continuous strengthening of policy support and continuous technological advancement, the photovoltaic panel recycling and dismantling industry is expected to usher in a golden period of development and become a new growth point for my country's economic development.