Used solar panels are forecast to increase dramatically from the 2030s, and the New Energy and Industrial Technology Development Organization (NEDO) estimates that annual emissions will reach approximately 170,000 to 280,000 tons by around 2035 to 2037, when emissions are expected to peak.
Against this backdrop, Idemitsu Group's Solar Frontier K.K. has been continuously pursuing the development of recycling technologies for solar panels since 2010, recognizing the importance of establishing low-cost, environmentally friendly recycling technologies as a means of promoting the healthy expansion of solar power generation.
It aims to achieve a material recycling rate of 90% or more and to commercialize the technology in FY2024.