BANANA & Partners is proud to announce the signing of a Memorandum of Understanding (MoU) with three leading companies from Chungcheongbuk-do Province, South Korea, namely HS Solar Energy, Daeyon C&I, and Kum kang Electric. This agreement marks the start of a long-term collaboration aimed at developing sustainable recycling projects, including the recycling of solar PV panels, biomass waste, and batteries.
The MoU was signed directly by BANANA & Partners’ CEO, Herry Wijaya, in Cheongju, South Korea. This agreement is not only symbolic but represents a concrete step toward green investment in Indonesia, with a strong focus on strengthening the national recycling industry. This collaboration is expected to accelerate technological innovation in recycling while positioning BANANA & Partners as a leader in supporting the green job ecosystem in Indonesia, aligned with global sustainability goals.
“We hope this partnership will accelerate the pace of green investment in Indonesia, especially in the promising recycling sector. BANANA & Partners is committed to leveraging this collaboration to create positive impacts for the environment and communities, while strengthening our position as a company that develops green technology and sustainable job opportunities,” said Herry Wijaya.
Herry emphasized that the commitment to this partnership is reflected in the involvement of various parties, including the Chungcheongbuk-do Provincial Government and the Asia-Europe Sustainable Economic Cooperation (ASEIC), who have fully supported the project. The three local South Korean companies have also agreed to guide this project through several critical stages, including pre-feasibility studies (pre-FS), feasibility studies (FS), and investment stages. The support from the local government and ASEIC underscores the seriousness of all parties in realizing this project.
Throughout the journey toward signing the MoU, ASEIC played a crucial role as a facilitator and supporter, providing invaluable guidance in knowledge transfer and discussions between both sides. Herry added, “We extend our special thanks to ASEIC for their assistance and support. We realize that there were various challenges in the knowledge transfer process and preparations before our journey to Korea, but ASEIC’s presence brought a fresh perspective and new confidence to this collaboration. They not only helped us prepare technically but also enriched our insights on how to improve efficiency and sustainability in the recycling sector.”
This partnership marks a major milestone in BANANA & Partners’ journey to strengthen its presence in the sustainability industry in Indonesia. The solar PV recycling project will focus on repurposing waste solar panels to mitigate the environmental impact of technological waste. In the biomass sector, organic waste and plant residues will be processed into fuel or other valuable products, supporting the transition to renewable energy. Meanwhile, the battery recycling project will help address challenges in battery waste management, especially with the increasing demand for electric vehicles in Indonesia.
Through this collaboration, BANANA & Partners is committed to supporting green economic growth in Indonesia, creating more jobs in the recycling sector, and leading in the development of eco-friendly technology. This project is expected to lay a strong foundation for long-term sustainability, while also encouraging Indonesia to achieve lower carbon emissions targets. With project development based in Indonesia, BANANA & Partners aims to make a positive contribution to the environment and local communities, while strengthening ties between Indonesia and South Korea in addressing global climate challenges.
BANANA & Partners views this MoU as the beginning of future collaborations. They hope that this partnership will expand its positive impact not only in Indonesia but also across Southeast Asia, where effective and sustainable recycling technology is greatly needed.
Other Source : https://n.news.naver.com/article/079/0003954560