"Accelerating the Establishment of a Circular Resource Value Chain"
Korea Zinc and Hanwha Solutions Q CELLS division (hereinafter Hanwha Q CELLS) have joined hands to address the issue of waste resource environmental problems.
On the 6th, Korea Zinc and Hanwha Q CELLS announced that they signed a memorandum of understanding (MOU) for the 'Project to Establish a Resource Circulation System through Collaboration on Solar Panel Recycling.' As the distribution of renewable energy accelerates for carbon neutrality, the two companies have agreed to work together to expand the base of the circular economy by recycling the increasing number of end-of-life solar panels in the future.
This is not the first collaboration between the two companies on solar panel recycling. A collaboration is already underway where Korea Zinc processes some of the process waste generated during Hanwha Q CELLS' solar panel manufacturing process to recover valuable materials.
Through this cooperation, the two companies aim to promote the establishment of a collection network for end-of-life solar panels and a resource circulation system. Specifically, they plan to pursue ▲ collection and transportation of solar panels ▲ development of automated panel disassembly equipment ▲ recovery of valuable materials such as aluminum and glass ▲ maximization of the intrinsic value of materials.
Meanwhile, Korea Zinc expects that this MOU will enable it to build a stronger global resource circulation value chain. Based on its accumulated technological expertise from producing by-products in the zinc and lead production processes, its main products, Korea Zinc is promoting the maximization of external secondary material recycling that efficiently extracts valuable metals contained in electronic waste and other materials.
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