The Dark Side of Solar Power

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Solar energy is a rapidly growing market, which should be good news for the environment. Unfortunately there’s a catch.

The replacement rate of solar panels is faster than expected and given the current very high recycling costs, there’s a real danger that all used panels will go straight to landfill . Regulators and industry players need to start improving the economics and scale of recycling capabilities before the avalanche of solar panels hits.

, compared to 13 gigawatts at the close of 2019. Over the next 10 years, that number may quadruple, according to. And that’s not even taking into consideration the further impact of possible new regulations and incentives launched by the green-friendly Biden administration.is a professor of technology and operations management and the Bianca and James Pitt Chair in Environmental Sustainability at INSEAD.

 

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