Economy
Thailand Plans Circular Economy Industrial Estate for Battery and Solar Waste
The Industrial Estate Authority of Thailand and EGAT are developing a 4-5 billion baht facility to manage expired EV batteries and solar panels.
The Industrial Estate Authority of Thailand (IEAT) has announced a strategic partnership with the Electricity Generating Authority of Thailand (EGAT) to establish a specialized industrial estate focused on circular economy practices. According to a report by Prachachat Business, this project aims to address the growing volume of waste from electric vehicle (EV) batteries and solar panels as their adoption rates rise across the country.
The proposed facility, estimated to require an investment of 4 to 5 billion baht, is currently under consideration for three potential locations within the Eastern Economic Corridor (EEC). The project developers are studying operational models from China and Japan to refine their strategy. A key component of the plan involves collaboration with automotive manufacturers to assist in the collection process, while also exploring a cost-sharing model that would involve vehicle owners.
For residents and travelers, this initiative signals a significant step toward sustainable waste management in Thailand’s rapidly growing green energy sector. While the project aims to mitigate environmental risks associated with hazardous electronic waste, specific details regarding the final site selection and the exact financial contribution required from vehicle owners remain to be confirmed. The IEAT expects to finalize the project’s direction by the end of this year.