Julian Spector of Canary Media reports on Odessa, Texas-based SolarCycle and its solar panel recycling technology.
- SolarCycle has recently raised $30 million in Series A funding for its solar panel recycling operations.
- The company is able to recover 95% of the materials that are in solar panels and their frames including silicon and aluminium.
- With this new funding SolarCycle expects that it will be able to recycle 1 million solar panels annually by the end of this year.
- Private sector innovation is making green energy more sustainable.
“With that funding, Solarcycle expects to expand its capacity to recycle 1 million solar panels annually by the close of this year. A ’vertically integrated, advanced recycling factory’ will follow in 2024, expanding capacity to ’millions of panels.'”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
