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Solar Panel Recycling Market projected to grow by USD 798.8 million (2024-2028), driven by lower solar PV costs and AI’s influence on trends

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NEW YORK, Sept. 26, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global solar panel recycling market size is estimated to grow by USD 798.8 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 35.23%  during the forecast period. Reduction in costs of solar pv systems is driving market growth, with a trend towards increasing investment in renewable energy sources. However, challenges associated with product characteristics  poses a challenge. Key market players include Aurubis AG, Canadian Solar Inc., Cleanites Recycling, ENVARIS GmbH, First Solar Inc., NPC Inc., Reclaim PV Recycling Pty Ltd., Recycle Solar Technologies Ltd., Reiling GmbH and Co. KG, Rinovasol Global Services BV, SiC Processing GmbH, SILCONTEL Ltd., Silrec Corp., Solarcycle Inc., SunPower Corp., The Activ Group Solutions Pty Ltd, Trina Solar Co. Ltd., Veolia Environnement SA, We Recycle Solar, and Yingli Green Energy Holding Co. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Solar Panel Recycling Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 35.23%

Market growth 2024-2028

USD 798.8 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

27.56

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 43%

Key countries

Germany, Japan, US, Italy, and China

Key companies profiled

Aurubis AG, Canadian Solar Inc., Cleanites Recycling, ENVARIS GmbH, First Solar Inc., NPC Inc., Reclaim PV Recycling Pty Ltd., Recycle Solar Technologies Ltd., Reiling GmbH and Co. KG, Rinovasol Global Services BV, SiC Processing GmbH, SILCONTEL Ltd., Silrec Corp., Solarcycle Inc., SunPower Corp., The Activ Group Solutions Pty Ltd, Trina Solar Co. Ltd., Veolia Environnement SA, We Recycle Solar, and Yingli Green Energy Holding Co. Ltd.

Market Driver

The global shift towards renewable energy sources, driven by sustainability and carbon reduction goals, has led to a substantial increase in the adoption of solar PV and wind power. Renewables are poised to make a significant impact on the energy mix, with the International Energy Agency predicting an annual global energy investment of USD 1.7 trillion by 2023. This investment growth will finance distributed solar PV projects and energy efficiency initiatives. Consequently, the rise in solar PV installations will generate solar panel waste, fueling the growth of the global solar panel recycling market. 

Solar panel recycling is a growing trend in the renewable sector as the number of discarded solar panels increases. Solar panels, a key component of the energy industry, contain valuable materials like lead, cadmium, plastics, and glass. Three main processes – thermal, mechanical, and laser – are used for recycling. Lead and cadmium are extracted through thermal processes, while mechanical and laser processes handle plastics and glass. Environmental concerns and human health risks from solar panel waste are driving the need for recycling. Regulations are emerging to reduce carbon footprints and minimize environmental pollution. Crystalline silicon and thin film solar modules are the main types of panels being recycled. Companies like Aurubis AG, Canadian Solar, Echo Environmental, LLC, Envaris GmbH, First Solar, Hanwha Group, Reiling GmbH & Co, Silrec Corporation, SunPower Corporation, Trina Solar, Yingli Energy Co, Zorlu Holding, Rinovasol Group, ECS Refining, LLC, SiC Processing GmbH, Hanwha Q Cells, Hyundai, ESS, and competitors are leading the way. Spent EV batteries and energy storage systems are also being recycled. The market for solar panel recycling is expected to grow as the world transitions to renewable energy. 

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Market Challenges

Solar PV panel recycling presents unique challenges due to the materials used in their composition. While glass is the major component, solar panels also contain hazardous substances like cadmium, lead, and silver. These chemicals cannot be extracted without damaging the entire panel, making the recycling process complex. Chemical and thermal methods are employed to recover high-value materials, but the glass’s low salvage value and impurities pose challenges. The increasing use of organic solar PV panels with less glass and more polymers further reduces incentives for recyclers. Commercial recycling companies require specialized training to efficiently extract valuable materials, and organizations like the US SEIA offer training programs. Despite these efforts, the complexities of solar PV panel recycling hinder market growth in the forecasted period.The Solar Panel Recycling Market is gaining momentum due to increasing regulations on solar waste disposal and the need to reduce carbon footprints. The process of recycling solar panels involves extracting valuable materials like crystalline silicon and thin film from solar modules and solar cells. Companies like Aurubis AG, Canadian Solar, Echo Environmental LLC, Envaris GmbH, First Solar, Hanwha Group, Reiling GmbH & Co, Silrec Corporation, SunPower Corporation, Trina Solar, Yingli Energy Co, Zorlu Holding, Rinovasol Group, ECS Refining LLC, and SiC Processing GmbH are key players in this market. Challenges include complex regulations and the high cost of processing. However, growth prospects are promising with the increasing demand for recycling spent solar panels, batteries from Electric Vehicles (EVs), and the production of energy storage systems (ESS). Competitors like Hanwha Q Cells, Hyundai, and ESS are also entering the market. The market includes solar modules, solar cells, solar panel sector, crystalline silicon type, standalone PV systems, telecommunication & signaling towers, and batteries.

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Segment Overview 

This solar panel recycling market report extensively covers market segmentation by  

Product 1.1 Crystalline1.2 Thin filmType 2.1 Thermal2.2 Mechanical2.3 LaserGeography 3.1 Europe3.2 APAC3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Crystalline-  Crystalline photovoltaic (PV) panels, the most widely used type in the solar PV market, are manufactured using monocrystalline and polycrystalline silicon. Monocrystalline panels, made from single crystal silicon, offer higher efficiency due to the unobstructed flow of electrons. In contrast, polycrystalline panels, formed from multiple silicon crystals, have lower efficiency but are more cost-effective. Both types consist of additional components, such as glass, aluminum, and copper, which can be recovered through mechanical processes, yielding around 85% by mass. However, high impurities in the recovered materials may reduce their resale value. Recycling advancements include metal frame and terminal box removal, elimination of the encapsulant, and metal recovery from the silicon cell. The crystalline PV panel recycling market is expected to expand due to the growing adoption of these efficient and reliable panels.

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Research Analysis

Solar panel recycling is an essential aspect of the renewable energy industry as the number of solar panels reaching their end-of-life increases. Solar panels consist of various materials, including crystalline silicon, thin film, lead, cadmium, plastics, and glass. Recycling processes include thermal, mechanical, and laser methods to extract and recover these valuable resources. The environment and human health are significant concerns as improper disposal of solar panel waste can lead to environmental pollution and carbon footprints. Regulations are being implemented to address this issue, with companies exploring partnerships to develop efficient and cost-effective recycling solutions. The energy industry and renewable sector recognize the importance of solar panel recycling in reducing waste and minimizing the environmental impact. Spent EV batteries and energy storage systems are also being considered for recycling using similar processes.

Market Research Overview

Solar panel recycling is an essential process to address the growing issue of solar panel waste. Solar panels, a crucial component of the renewable sector, consist of crystalline silicon and thin film types, containing valuable materials like lead, cadmium, plastics, glass, and metals. Recycling methods include thermal, mechanical, and laser processes to extract these resources. The environmental and human health benefits, as well as reducing carbon footprints, are significant. Regulations are increasingly important in this sector, with LAMEA leading the way in solar panel recycling. Companies like Aurubis AG, Canadian Solar, Echo Environmental LLC, Envaris GmbH, First Solar, Hanwha Group, Reiling GmbH & Co, Silrec Corporation, SunPower Corporation, Trina Solar, Yingli Energy Co, Zorlu Holding, Rinovasol Group, ECS Refining LLC, and SiC Processing GmbH are key players in this market. Growth prospects are promising as solar modules, solar cells, spent EV batteries, energy storage systems, and solar panel sector waste continue to accumulate. Competitors in the batteries sector, such as Hyundai and ESS, are also entering the market. The recycling of solar panels not only benefits the environment but also reduces the need for raw materials, making it a crucial part of the energy industry’s circular economy.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductCrystallineThin FilmTypeThermalMechanicalLaserGeographyEuropeAPACNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Penetron Strengthens Global Research Collaboration at ICSHM 2026

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PHILADELPHIA, July 19, 2026 /PRNewswire/ — Penetron participated in the 10th International Conference on Self-Healing Materials (ICSHM 2026), held July 8–10, 2026, at Drexel University in Philadelphia, Pennsylvania. The international event brought together leading researchers, engineers, and industry representatives to present and discuss the latest advances in self-healing materials and related technologies.

A global delegation of Penetron executives attended the conference, representing the United States, Greece, Italy, Brazil, India, Chile, the United Arab Emirates, Belgium, and Singapore.

“For over 50 years, Penetron has provided self-healing concrete solutions to the industry that optimize concrete durability by sealing cracks and reducing concrete permeability to limit maintenance requirements, extend structural service life, and help protect infrastructure exposed to groundwater, chemicals, chlorides, and other aggressive conditions,” says Christopher Chen, Director of The Penetron Group. “Our participation at the ICSHM reinforces Penetron’s long-standing commitment to international research collaboration and allows us to better understand emerging research and develop leading-edge solutions for real-world construction challenges.”

Hosted at Drexel University’s Bossone Research Enterprise Center, ICSHM 2026 welcomed specialists from more than 18 countries across six continents and featured over 70 technical presentations, including keynote addresses, plenary sessions, research presentations, and an interactive poster program. The conference opened with remarks from Drexel University President Antonio Merlo and ICSHM Chair Dr. Nele De Belie. Finally, the conference provided valuable opportunities for researchers and industry specialists to strengthen cooperation between academia and the construction sector to further develop self-healing technologies.

“Extending the service life of concrete infrastructure requires cooperation between universities, materials specialists, engineers, and industry,” said Jozef Van Beeck, Director of International Sales and Marketing for The Penetron Group. “ICSHM 2026 provided an important forum for connecting scientific research with the practical requirements of the global construction industry.”

The Penetron Group is a leading manufacturer of specialty construction products for concrete waterproofing, concrete repairs, and floor preparation systems. The Group operates through a global network, offering support to the design and construction community through its regional offices, representatives, and distribution channels.

For more information on Penetron waterproofing solutions, please visit penetron(dot)com or Facebook(dot)com/ThePenetronGroup, email CRDept(at)penetron(dot)com or contact the Corporate Relations Department at 631-941-9700.

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SOURCE The Penetron Group

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Singtel Receives Four Frost & Sullivan 2026 Recognitions for Leadership in Enterprise Connectivity, Cybersecurity, and Digital Transformation

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The recognitions highlight Singtel’s leadership in secure connectivity, network transformation, IoT innovation, and cybersecurity, delivering customer value through intelligent digital infrastructure and AI-enabled enterprise services.

SAN ANTONIO, July 19, 2026 /CNW/ — Frost & Sullivan is pleased to honor Singtel with the 2026 Southeast Asia IoT Connectivity Service Provider Company of the Year, 2026 Singapore Network Transformation Customer Value Leadership, 2026 Singapore Cybersecurity Services Company of the Year, and 2026 Singapore SD-WAN and SASE Service Provider Company of the Year recognitions. These acknowledgements reflect Singtel’s outstanding achievements in delivering secure, intelligent, and scalable digital infrastructure that enables enterprises to modernize operations, simplify complexity, and accelerate digital transformation across Singapore and Southeast Asia. They underscore the company’s consistent leadership in strategy execution, customer value creation, and innovation across enterprise connectivity, cybersecurity, software-defined networking, and IoT connectivity services.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Singtel excelled in both, demonstrating its ability to anticipate evolving enterprise requirements while consistently translating long-term vision into measurable customer outcomes. Through platforms such as Singtel CUBΣ (CUBE) and its multidomestic IoT connectivity architecture, the company continues to unify networking, cybersecurity, automation, and AI-driven intelligence into integrated solutions that address the growing complexity of hybrid, multicloud, and connected environments. “Singtel has established itself as a benchmark for enterprise digital infrastructure by converging connectivity, cybersecurity, network intelligence, and IoT orchestration into a unified, customer-centric ecosystem. Its disciplined execution, platform-led innovation, and commitment to simplifying complex enterprise environments continue to strengthen operational resilience and deliver sustained value for organizations across the region,” said Kenny Yeo, Director at Frost & Sullivan.

Guided by a long-term strategy focused on digital innovation, intelligent infrastructure, and customer-centric transformation, Singtel has moved well-beyond traditional telecommunications to a trusted technology partner for enterprises navigating increasingly connected and data-driven environments. Its strategic investments in AI-enabled operations, cloud-native platforms, secure connectivity, and ecosystem partnerships enable organizations to modernize critical infrastructure while maintaining the flexibility to support future business growth.

The company’s strategic agility and sustained investment in integrated digital platforms have enabled it to scale innovative services across local, regional, and global enterprise environments. Innovation remains central to Singtel’s approach through solutions including the CUBΣ connected intelligence platform, multidomestic IoT connectivity powered by eSIM orchestration, managed cybersecurity services, AI-driven network automation, and network-as-a-service capabilities. These solutions simplify network and security management, strengthen cyber resilience, improve operational visibility, and provide enterprises with scalable, secure, and high-performing connectivity across cloud, edge, IoT, and hybrid infrastructures.

By streamlining service delivery through intelligent automation, centralized orchestration, proactive monitoring, and flexible managed and co-managed service models, Singtel continues to help organizations reduce operational complexity while improving service reliability and business agility. Its ability to integrate best-of-breed technologies in a unified operational framework, combined with strong regional network ownership and localized expertise, enables customers to confidently scale digital initiatives while maintaining security, governance, and operational excellence.

Frost & Sullivan commends Singtel for setting a high standard in competitive strategy, execution, and customer value across multiple technology domains. By combining intelligent networking, secure digital infrastructure, AI-enabled operations, and cross-border IoT capabilities in an integrated platform strategy, the company is shaping the future of enterprise connectivity while helping organizations build resilient, future-ready digital ecosystems.

Each year, Frost & Sullivan presents its Company of the Year and Customer Value Leadership recognitions to organizations that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in customer satisfaction, competitive positioning, and business performance. These recognitions honor forward-thinking companies that continuously raise industry standards through innovation, operational excellence, and long-term value creation.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com

 

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SOURCE Frost & Sullivan

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Emdoor Launches “Ailyn” AI Hub at WAIC 2026: Unifying Intelligence Across Every Device

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SHANGHAI, July 18, 2026 /PRNewswire/ — Emdoor, a leading provider of intelligent computing devices, unveiled its latest innovation — Ailyn, an integrated software-hardware AI hub — at the World Artificial Intelligence Conference (WAIC) 2026. Under the theme “Intelligence in All Things, Boundless Edge Intelligence”, Emdoor’s Booth X1B-804 showcases four immersive scenarios spanning personal, home, enterprise, and industrial use cases, demonstrating how AI can flow seamlessly across devices.

With decades of experience across cloud, edge, device, and wearable form factors, Emdoor has established one of the industry’s most comprehensive intelligent hardware portfolios. Yet the company recognized a critical gap: while individual devices grow smarter, they often operate in isolation.

Ailyn is Emdoor’s answer to this challenge. Introduced on the WAIC Magic Box stage, Ailyn serves as a unified intelligence layer that orchestrates storage, computing power, AI models, and data across PCs, NAS systems, computing boxes, and IoT devices. The result is a scalable, centrally managed intelligence platform that delivers seamless cross-device collaboration, data privacy, and AI capabilities that improve with use.

At its core, Ailyn follows a device-first, multi-device connected philosophy. By prioritizing on-device model deployment, it reduces costs while preserving privacy, minimizing latency, and enabling offline functionality. Key capabilities include unified data access, uninterrupted task handoff between devices, intelligent multi-model routing, and dynamic compute scaling — plus built-in features for knowledge accumulation, skill expansion, persona customization, and automated task execution.

Four Scenarios, One Intelligent Ecosystem

The enterprise lineup features high-performance AI workstations, AI servers, AI NAS, Mini PCs, and motherboards. Workstations support up to 96-core processors and four double-width GPUs with integrated BMC remote management. AI servers run dual Intel Xeon scalable processors with up to eight mainstream AI accelerators. The single-GPU workstation series offers dual-platform compatibility with both Intel and AMD, featuring a PCIe 5.0 ×16 slot and up to 128GB DDR5 memory. Available in two form factors — a 23.9L tower chassis and a 15.3L compact chassis with tempered glass side panel — it delivers balanced performance for both creative workloads and local AI inference. The AI NAS unifies storage and AI computing power in one device, with192GB of octa-channel LPDDR5X memory to support local large model deployment. Ailyn unifies these resources into a private computing backbone, intelligently offloading heavy workloads so users get instant on-device responsiveness with datacenter-grade power on demand.

For individual users, the showcase includes Mini PCs, AI PCs, AI tablets, and multimodal wearables. The AP16, powered by Intel’s 3rd Generation Core™ Ultra processor, delivers 180 TOPS of AI performance with sustained 54W output — capable of running large models locally. Multimodal wearable solutions built on Qualcomm and BES chips offer faster time-to-market for brand partners. Within the Ailyn ecosystem, PCs handle heavy computing while wearables provide continuous environmental awareness, each device strengthening the whole.

Industrial visitors will find AI BOX units, rugged AI notebooks, handheld terminals, and industrial PCs. AI BOX devices come preloaded with industry-specific models for production line visual inspection. Rugged notebooks deliver reliable performance for mobile field operations. Industrial PCs feature industrial-grade architecture for 24/7 uptime. Through Ailyn, these connected devices break down traditional data silos, enabling intelligent resource orchestration and a closed-loop perception-decision-execution system that accelerates industrial digital transformation.

At the center of the home scenario are AI tablets and home NAS, connected to a full-house AIoT network. The NAS acts as the family’s private data and computing hub, while the tablet serves as the primary interface for senior health reminders and children’s learning support. Ailyn weaves these devices into a cohesive system covering family memories, health care, companionship, and home security — bringing intelligence into daily life without intruding on it.

The launch of Ailyn marks a significant evolution for Emdoor — shifting from a hardware manufacturer to a builder of intelligent infrastructure. It represents the convergence of the company’s deep hardware heritage and its AI innovation roadmap. Moving forward, Emdoor will continue investing in edge AI technology and expanding the Ailyn ecosystem alongside partners, bringing distributed intelligence from the showroom into everyday life.

Company: Emdoor Digital Technology Co.,Ltd.
Contact Person: Yao Zhou
Email: marketing.digi@emdoor.com
Website: http://www.emdoordigi.com/
City: Shenzhen, China

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SOURCE Emdoor Digital

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