Environmental and social management structure To achieve sustainable growth, companies must consider not only the financial outcomes but also values related to the environment, social, and corporate governance (ESG). HS Solar Energy is shaping its future and comprehensively developing a range of processes to ensure continuous growth for the next century and beyond.
The best way to circulate resources is not recycling but reuse. Clearly, there are a number of opportunities to create new markets for restoring the output of the used panels and reselling them as well as the secondary solar power repowering market. We are eagerly ramping up our eco-friendly management efforts by increasing the reuse of discarded solar panels (eco-modules).
As we all know, old and damaged solar panels can be repaired or refurbished on-site or after demolition at a low cost, bringing about an appearance and performance similar to new products. With the capability to apply output recovery technology which guarantees electrically shorting only the damaged solar cells, a recovered performance is to be expected.
The development of technology connected to recycling solar panel waste and the construction of recycling centers are currently underway, and we are also progressing with the technical development regarding the reuse of panels, and the certification of reused panels. However, the legal groundwork for sales is yet to be established.
We replace solar power equipment that is 20-30% less efficient with high-efficiency modules to ensure higher efficiency and profitability.
Repowering solar power plant empowers us to achieve a higher output within a stable system, leading to even greater capacity for the power generation.
Solar panels that reached the end of their life span or become aged used to be completely discarded , but they are now sorted on-site for repair and reuse, or if deemed non-reusable, they are collected in bulk and silicon is extracted from these panels using advanced technology with microwaves, as part of our endeavors to facilitate resource circulation.
HS Solar Energy Co., Ltd is driving the construction of solar power plants in rural areas, giving a much-needed boost to rural economies affected by low farm incomes and a shrinking workforce from an aging population Also, we are playing a key role in promoting local growth and expanding the distribution of new and renewable energy facilities.
Furthermore, based on our ongoing current residential and building support projects, we are set to contribute towards society by expanding the distribution of new and renewable energy facilities, achieving carbon neutrality, and working towards zero energy buildings (ZEB).
We bolster supply chain accountability by forging strong collaborations systems with our partners. Building on the established trust formed with our valuable partners and customers, we continue to build a valuable ESG management system.