Used solar panels are powering the developing world

From Bloomberg:

“Across the developing world, homeowners, farmers, and businesses are turning to cheap, secondhand solar to fill power gaps left by governments and utilities. To meet that demand, businesses ranging from individual sellers on Facebook Marketplace to specialized brokerages are getting into the trade. Earlier this month, Marubeni Corp., one of Japan’s largest trading houses, announced that it’s establishing a blockchain-based market for such panels. Collectively, these businesses will likely play a crucial role in bringing renewable energy to the world’s emerging markets — and keeping high-tech waste out of the trash.”

Go on.

“In developed countries, recycling — not reuse and resale — tends to be the kneejerk response to managing such waste. But there are two problems with recycling unwanted solar panels. First, doing so is far costlier than simply landfilling them. Second, waste panels often aren’t waste; they’re just degraded by time in the sun or less efficient than newer models. They may not be good enough for San Francisco homeowners and cutting-edge utilities, but they work perfectly well for anyone in a sunny climate in need of stable, off-grid power who doesn’t want to pay full price.”

Things move fast.

“Between 2010 and 2019, the number of people living without electricity declined from 1.2 billion to 759 million worldwide. Some of that gap was closed by new power lines and other transmission facilities. But most of it was achieved by installing small solar systems designed to power a village, farm or even a single home. As of last year, 420 million people got their electricity from off-grid solar systems. By 2030, according to the World Bank, that number could nearly double.”

Good news all round.