Reclaim PV is the startup company being established by David Galloway and Clive Fleming for the last four years. They have been finalizing the business model into a scalable one. The duo is making use of grant monies along with ingenuity in order to collect and recycle solar panels. For the testing phase, they are managing 10,000 panels annually. The number of panels disposed is a result of affordable solar power on the Gold Coast prices which spiked the demand among residential homeowners.
The startup is also gearing up for the expected water crisis recently announced on the news. It is not the main goal of the partnership though because they are on the hunt for every opportunity presented by the sudden boom of the solar energy I n the country. As of 2018, rooftop solar has broken another record with 2 million installations in residential houses. It also resulted to a higher solar capacity in the nation which has tripled in the utility sector.
Galloway and Fleming think it is to their advantage to gather data among panels that have been dullard, damaged and disused. They have also managed to reuse components they have found between the solar glasses. The result is that they help reduce the solar waste that is supposed to go to the landfill by millions of tons.
There is a potential to recycling solar panels but they predict that it might take at least 10 years before they find a skyward trajectory to the goal they are trying to accomplish. Energy Transition Hub’s advisor, Simon Holmes a Court, said that the average lifetime of solar panels in the country is around three year and five months.
Furthermore, Sustainability Victoria published in 2015 that the installed solar panels have a lifespan of 15 to 35 years only. With this in mind, one can deduce that there is a huge opportunity presented by recycling solar panels as their lifespan expires. The number is only going to climb up as solar power on the Gold Coast prices are getting lower and lower.