The Nikkei reported that Japan’s Marubeni plans to create a trading site for used solar panels in association with Next Energy and Resources and the Ministry of the Environment. Blockchain will be used to record the performance evaluations of the recycled solar panels.
It’s expected that by the mid-2030s as much as 800,000 tons of solar panels will be replaced in Japan. And there are concerns about illegal dumping.
While solar panel efficiency declines over time, they do still have the capacity to generate electricity. Next Energy has a brand REBORN Technology which specializes in recycling photovaultic cells. It found that even after 25 years, a panel can still have as much as 80% of the generating capacity.
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