Technavio has announced its latest market research report titled, “Global Solar Panel Recycling Market 2020-2024”. According to the report, the solar panel recycling market is expected to grow by $238.30 million during 2020-2024. The solar panel recycling market will witness a negative impact during the forecast period owing to the widespread growth of the Covid-19 pandemic.

The report has mentioned three major solar panel recycling market participants. These are:

Canadian Solar Inc.: The solar module manufacturer also offers services related to solar panel recycling which helps to reduce the environmental footprint of solar panels.

Dynamic Lifecycle Innovations: Dynamic Lifecycle Innovations operates the business through various segments including solar panel management, legislative recycling, electronic recycling. The company helps in the collection, storage, inspection, reuse, and proper recycling of solar panels.

EIKI SHOJI Co. Ltd: The company operates in the renewable energy and semiconductor space. It provides recycling services for solar panels as well.