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06-11-2023 | Technical Paper

Waste recovery cost analysis of life ended PV module in Indian context

Authors: Avijit Karmakar, Pradip Kumar Sadhu, Soumya Das

Published in: Microsystem Technologies | Issue 9/2024

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Abstract

India is now one of the top five countries in the world for PV and solar thermal power generation. At the same time, we must develop a plan for recycling these massive numbers of solar panels in the future. This article has contributed to proposing the resulting regulatory system. The PV waste management sector is extremely neglected, leaving it entirely to the scrap trading underground. There is not enough of a system in place to collect and reuse the solar panels' components for recycling. In addition, a solid institution to manage this procedure on a commercial scale has yet to be established. As a result, the purpose of this work was to use cost–benefit analysis to determine the economic viability of a solar module recycling project in India. The benefit–cost ratio (BCR) and net present value (NPV) were calculated to be 1.64 and 25.22 million USD, respectively. According to the sensitivity study, the most delicate issues impacting the project's economy were the selling benefits of recycled materials and tax. Finally, this analysis offered strategies for the government and linked businesses to enhance the economy.

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Title: Waste recovery cost analysis of life ended PV module in Indian context
Authors: Avijit Karmakar
Pradip Kumar Sadhu
Soumya Das
Publication date: 06-11-2023
Publisher: Springer Berlin Heidelberg
Published in: Microsystem Technologies / Issue 9/2024
Print ISSN: 0946-7076
Electronic ISSN: 1432-1858
DOI: https://doi.org/10.1007/s00542-023-05546-2

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