South Korea’s Ministry of Commerce, Business and Vitality (MOTIE) authorised a long-awaited process for photo voltaic module recycling at Prime Minister Han Duck-soo’s newest ministerial assembly.
The brand new provisions set up a standardized assortment system for every main area of the nation. It goals to make sure a waste panel recycling/reuse price of greater than 80%, in keeping with the present EU stage, inside three years. The scheme additionally lays the foundations for the creation of a statistical system for the sector.
The scheme is designed to encourage reuse of the photo voltaic module earlier than the recycling choice turns into the ultimate choice. This too introduces certifications beneath the Eco-Assurance System (ECOAS) framework, which prevents using hazardous substances in electrical and digital gear.
The South Korean authorities says they count on 1,222 tons of photo voltaic module waste by 2025, 2,645 tons in 2027, 6,796 tons in 2029, and 9,632 tons in 2032. The nation reached an put in photo voltaic capability of practically 22 GW by the tip of December 2021. The newly put in PV capability for 2021 is about 4.4 GW.
South Korea plans to put in 30.8 GW of photo voltaic by 2030.
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