en.Wedoany.com Report on Mar 31st, Vietnam's photovoltaic cell recycling project is being jointly advanced by IREX Energy Joint Stock Company and Japan's Hamada Company. The two parties have signed a Memorandum of Understanding aimed at handling the country's increasing number of end-of-life solar panels. This initiative responds to the waste management challenges arising from Vietnam's rapid growth in solar power generation capacity. Most photovoltaic panels have a lifespan of 20 to 25 years, and early installations are nearing their end of life. 
The project focuses on establishing circular economy methods to recover materials such as glass, aluminum frames, silicon, and rare metals from old solar panels for use in manufacturing processes, thereby reducing the demand for new raw materials and minimizing environmental impact. IREX, a subsidiary of the SolarBK Group, provides local market knowledge and component production experience, while Hamada contributes advanced recycling technology and waste management expertise. The two companies plan to jointly develop a nationwide collection, disassembly, and processing system.
This solar panel recycling project aligns with Vietnam's climate goals, including its commitment to achieve net-zero emissions by 2050. Industry representatives point out that developing domestic recycling capacity is crucial to avoiding a future waste crisis. By responsibly disposing of solar panels, Vietnam can ensure the environmental sustainability of its clean energy transition. Furthermore, the project is expected to stimulate economic growth, create job opportunities in the recycling and green technology sectors, and encourage manufacturers to take responsibility for the entire lifecycle of their products.
This collaboration reflects the growing emphasis on sustainable practices within the global renewable energy development trend, transforming solar waste into reusable resources and setting an example for the Southeast Asian region. It demonstrates that managing the end-of-life stage of clean energy systems is as important as expanding capacity, contributing to the long-term sustainable development of the solar industry.
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