1. Introduction
Solar photovoltaic (PV) energy has gained worldwide attention owing to its infinite availability and its provision of clean and sustainable energy, and the International Energy Agency (IEA) predicts that cumulative power generation using PV modules may increase to 14.5 TW by 2050 globally [
1]. However, despite the advantages of solar PV energy, the rapid growth of the use of solar PV systems, primarily witnessed at the end of the 20th century, has resulted in an exponential increase in the amount of solar panel waste requiring disposal. Weckend et al. (2016) [
2] estimated that the annual amount of end-of-life (EoL) PV waste will increase to approximately 68–78 million tons by 2050. Therefore, environmental issues related to the management of EoL PV waste are inevitable [
3].
Recently, perovskite solar cells [
4] have garnered significant attention due to their low manufacturing cost and applicability to flexible substrates. However, challenges related to long-term stability and environmental safety remain unresolved. Similarly, organic solar cells [
5] face limitations in practical applications due to their low efficiency and short lifespan. Quantum-based solar cells [
6] also hold great potential for achieving very high energy conversion efficiencies, but their commercialization is hindered by the complexity and high cost of manufacturing technologies. Despite the gradual increase in the proportion of third-generation solar modules over the years, the solar panel market share is still significantly dominated by crystalline silicon (c-Si) solar modules, which accounted for 92% and 73.3% of the solar market in 2014 and 2020, respectively [
7]. Further, given that the average lifespan of a c-Si PV module is approximately 25–30 years [
8], a large number of first-generation c-Si PV modules, installed in the 1980s, have already entered their retirement stage [
9]. Therefore, the reutilization of EoL PV panel waste could become an advanced field that requires further research and sustainable development.
In recent years, PV waste recycling policies have been implemented in several countries, in which solar power generation is highly prevalent. However, owing to the absence of economically viable and practical technologies, the waste modules are often neglected and discarded, leading not only to environmental pollution, but also the non-exploitation of a potential source of valuable resources [
10]. The United Kingdom first officially adopted the European Union's (EU) revised Waste Electrical and Electronic Equipment (WEEE) directive on the disposal of waste solar PV panels in 2012. Germany has also implemented policies that enforce PV panel manufacturers and importers to take responsibility for EoL PV waste disposal [
11,
12]. Further, other EU countries, including Czech Republic, have initiated various joint ventures for the recycling and recovery of EoL solar panels in accordance with the WEEE directive [
13]. Italy has also implemented legislation related to the collection and recycling of EoL panel waste [
14]. Several non-EU countries have also implemented legislation to regulate solar panel waste management; however, the recycling of waste solar PV panels has not yet been considered in some developing nations, including India, North Korea, and Thailand [
12]. Despite operating approximately twice as many solar panels as the United States, China still lacks recycling policies related to EoL PV panels, and it is only of recent that Chinese solar panel manufacturers and universities-initiated research on PV panel waste recycling [
15]. In Japan, the New Energy Industrial Technology Development Organization (NEDO), in collaboration with solar panel manufacturers, encourages research on solar panel waste recycling [
7]. Furthermore, in the United States, the California Department of Toxic Substances Control (DTSC) recently took up the responsibility to handle solar panel waste processing in anticipation of a decline in the processing capacity of European facilities [
16].
Solar power generation in South Korea, which began in the early 2000s, has grown explosively in recent years. The growth rate of the cumulative installed capacity of solar power generation in South Korea between 2019 and 2020 was approximately 36.2%, indicating that a considerable number of solar panels were installed in just one year [
17]. Further, according to the Korea Environment Institute [
18], the cumulative amount of waste solar panels generated up to 2023 was approximately 12,690 tons, and it has been predicted that this amount will increase exponentially in the coming years, possibly reaching 87,124 tons by 2030 and 820,029 tons by 2040. Additionally, since 2023, after which significant generation and disposal of solar panels is anticipated, the government of South Korea adopted the Extended Producer Responsibility (EPR) system as a strategy for managing EoL solar panels, and under this regulation, the government aims to increase the recycling and reuse rates of discarded solar panels within three years to over 80%, aligning with the EU standard [
19].
In this study, the environmental benefits of recycling EoL c-Si solar PV panel waste in South Korea were comprehensively analyzed. Given that three waste PV panel recycling processes, i.e., mechanical recycling (MR) [
20,
21,
22,
23,
24], chemical recycling (CR) [
25,
26,
27], and thermal recycling (TR) [
28,
29,
30], have been extensively used to extract reusable components from waste PV panels, in this study, scenario-based comparison analysis for these three recycling processes was performed, using ISO-14040-based life cycle assessment (LCA) [
31], which has been extensively used to assess EoL solar panels, particularly, to quantify their environmental impacts [
32,
33,
34,
35]. Given that the reutilization of EoL PV waste is intricate, not only from an environmental protection perspective, but also in terms of economic and social factors, it is expected that the results of this study will provide insights that can facilitate policy making regarding the sustainable recycling of EoL c-Si solar PV modules.