Dear MEL Topic Readers,
Natl capacity to recycle now exceeds supply
China is not only the world’s largest producer of home appliances, EVs,
solar panels, wind turbines, and many others, but also the largest market for
them. Around 40 million fridges were
sold domestically in 2024 alone, and over a million EVs and plug-in hybrid vehicles
have been sold each month this year. China is also the world’s largest producer
of solar panels and wind turbines, and generates more energy from them than all
other countries combined. According to the Ministry of Ecology and Environment,
China’s growth in recycling capacity for retired electric batteries, solar
panels, and wind turbines has outpaced the supply, and those recycling plants are
underutilized. Did the recycling industry overestimate or miscalculate the growth
of the recycling market, or are users of those batteries and turbines using
them even after the limitations? Whichever the cause may be, China is undoubtedly
a proactive and advanced world leader in generating and recycling renewable
energies.
Read the article and learn about China’s recycling capacity.
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