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IREX Energy and Hamada Company partner for solar panel recycling project in Vietnam

Partnership Solar announced Vietnam Mar 30, 2026
development
Stage

IREX Energy and Hamada Company formed a partnership to develop a solar panel recycling project in Vietnam, addressing waste from aging solar installations. This initiative aims to recover valuable materials and support economic growth within Vietnam's renewable energy sector. The project aligns with Vietnam's climate goals, specifically its commitment to achieving net-zero emissions by 2050. This collaboration represents a concrete step towards sustainable waste management for solar infrastructure in the country.

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Source Intelligence

KEY DETAILS

The partnership aims to develop a solar panel recycling project to address waste from aging solar installations and recover valuable materials. This initiative aligns with Vietnam's commitment to achieving net-zero emissions by 2050. IREX contributes local market knowledge and module production experience, while Hamada provides advanced recycling technologies and waste management expertise from Japan. The project will focus on collecting, dismantling, and processing used solar panels across the country. Quote: "The two companies have signed a memorandum of understanding to develop a solar panel recycling project in Vietnam, aiming to address future waste challenges as the country’s solar installations age." Quote: "The new collaboration focuses on building a circular approach to solar energy. Instead of treating old panels as waste, the project aims to recycle them and recover valuable materials. These include glass, aluminum frames, silicon, and rare metals that can be reused in manufacturing." Quote: "The initiative is also aligned with Vietnam’s long-term climate targets, including its commitment to achieve net-zero emissions by 2050." Quote: "IREX, a subsidiary of SolarBK Group, brings local knowledge of the solar market and experience in module production. Hamada, on the other hand, contributes advanced recycling technologies and decades of expertise in waste management from Japan. Together, the companies plan to develop a system for collecting, dismantling, and processing used solar panels across the country."

Location
The two companies have signed a memorandum of understanding to develop a solar panel recycling project in Vietnam, aiming to address future waste challenges as the country’s solar installations age.
PARTIES MENTIONED IN SOURCE
I
IREX Energy Joint Stock Company developer

"Vietnam’s renewable energy sector is taking a new step toward sustainability with a partnership between IREX Energy Joint Stock Company and Hamada Company."

H
Hamada Company developer

"Vietnam’s renewable energy sector is taking a new step toward sustainability with a partnership between IREX Energy Joint Stock Company and Hamada Company."

S
SolarBK Group other

"IREX, a subsidiary of SolarBK Group, brings local knowledge of the solar market and experience in module production."

high quality Enriched Mar 30, 2026

Timeline

Announced
Mar 30, 2026
Signed
Closed

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