25-September-2018: According to Grand View Research, Inc., the worldwide Solar Panel Recycling Market is likely to achieve USD 384.4 million by 2025. Solar panel recycling involves process such as thermal, mechanical, and laser. These panels are categorized into polycrystalline, monocrystalline, and thin film.
On 15 February 2017, First Solar, Inc. declared a joint contract with Zorlu Holding, A.S., a business firm from Turkey for distributing its thin film photovoltaic (PV) modules in 26 countries. Zorlu will be the major distributor for these modules in various countries such as the Commonwealth of Independent States (CIS), Afghanistan, Turkey, Bosnia, Cyprus, Georgia, Pakistan, Romania, Turkmenistan, Ukraine, Bulgaria, Kosovo, Turkmenistan, Serbia, Macedonia, and Albania.
On 15 February 2017, First Solar, Inc. declared a joint contract with Zorlu Holding, A.S., a business firm from Turkey for distributing its thin film photovoltaic (PV) modules in 26 countries. Zorlu will be the major distributor for these modules in various countries such as the Commonwealth of Independent States (CIS), Afghanistan, Turkey, Bosnia, Cyprus, Georgia, Pakistan, Romania, Turkmenistan, Ukraine, Bulgaria, Kosovo, Turkmenistan, Serbia, Macedonia, and Albania.
On July 5, 2017, Yingli Green Energy Holding Company Limited, a solar panel manufacturer also known as Yingli Solar introduced several products including Smart Hotspot Free, PANDA Bifacial, Black Silicon at PV JAPAN 2017. The module PANDA Bifacial is based on company’s PANDA n-type monocrystalline solar cell that can produce power using front as well as rear side. The product has an outstanding performance to known PID risk factors or ammonia, and salt mist. It can be also used in snowy and windy climate.
On 3 November 2017, Yingli Solar declared that it is providing 38.4 MW of solar panels to China for a rural distributed PV poverty alleviation project. This project contains 128 countryside distributed PV poverty improvement plants for Zhangbei County and each plant consist of 300 Kilowatts (kW) capacity.
On May 18, 2017, Yingli Solar its subsidiary Yingli Green Energy Spain, S.L.U signed a contract with ECrowd!, an online platform to offer finance options for customers. The company will provide services of ECrowd to facilitate loan services for personal use PV projects.
Increasing adoption of renewable sources of energy due to its minimum environmental effect can drive solar panel recycling market. Energy crisis along with the environmental degradation due to extensive utilization of traditional energy sources like fossil fuel and nuclear energy is expected to boost market growth. Growing installation of PV panel worldwide is also expected to expand the market growth.
Key players operating in the market include Canadian Solar Inc.; Yingli Energy Co. Ltd; Silcontel; and First Solar.
In-Depth Research Report On Solar Panel Recycling Market:
https://www.grandviewresearch.com/industry-analysis/solar-panel-recycling-market
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