End-of-Life of used photovoltaic modules: A financial analysis

The aim of this paper is to apply a financial methodology, like the Discounted Cash Flow (DCF) analysis, for the assessment of PV modules recycling process profitability. This method goes to evaluate two main indexes, as the Net Present Value (NPV) and the Discounted Payback Period (DPBT). The Italian context is selected as a reference case study for the definition of an optimal plant capacity size related to current and expected national market volumes. To this aim, two types (pilot and industrial) of plants are proposed by the authors. The obtained financial results are useful to support future strategic decisions about the PV recycling management.