Itochu entered the PV module recycling enterprise by means of a capital and enterprise alliance with France-based Rosi Photo voltaic. The Japanese buying and selling home will purchase an undisclosed variety of shares from Rosi Photo voltaic by means of a non-public placement.
“Itochu entered into these alliances with the aim of creating and increasing its photo voltaic panel recycling enterprise,” it stated in a press release.
Rosi Photo voltaic has developed applied sciences to recycle silver, copper and silicon from photo voltaic panels with out crushing them.
“The processes used are based mostly on bodily, thermal, and gentle chemistry mechanisms,” stated the Grenoble-based firm. “They do not use aggressive chemical reactions and the price of surgical procedure is diminished.”
Rosi Photo voltaic says it plans to begin working a business recycling plant in France from the start of 2023. It claims that its applied sciences “enable to function economically recycling web site for photovoltaic modules in Europe.”
Itochu, however, stated it goals to develop and increase its photo voltaic panel recycling enterprise in Japan and different international locations.
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