Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.
Indeed, he confirms that most solar project theft is committed by organised crime groups, notably in the UK and the Netherlands where DeterTech has experience working with clients.
Once the criminal element realise that, solar farms naturally become a target,” Higgins says. Perhaps more surprisingly than copper, there are numerous instances of criminal gangs stealing entire solar modules, sometimes in very large numbers. Higgins says that the black market for solar panels is apparently quite active.
A paper published by DeterTech this week reports a fourfold increase in recorded thefts from solar projects between 2021 and 2022.
A less stable and accessible economic environment has driven solar criminality, which in turn then causes ramifications for the energy transition and potentially for provision of renewable energy in areas most severely affected by theft.
The goal is simple: to map out PV manufacturing out to 2030 and beyond. The impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.
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