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Canadian Solar Is Getting In On Recycling

September 4, 2024
x min read
Canadian Solar Is Getting In On Recycling

Canadian Solar is embracing something new: recycling.

What’s happening:

  • Canadian Solar (NASDAQ: CSIQ) has entered into a new partnership with SOLARCYCLE for the recycling of solar panel materials

Why it matters:

  • Canadian Solar is one of the fastest growing publicly traded solar companies in North America and previously landed a strategic investment from BlackRock to accelerate building out more solar energy infrastructure
  • Recycling solar panels will ensure that valuable energy transition metals such as silver, copper and aluminium will avoid ending up in landfills and can be repurposed back into new solar manufacturing within North America

By the numbers:

  • SOLARCYCLE's recycling technology returns 95% of the materials from solar panels back into the supply chain
  • The United States Department of Energy previously awarded SOLARCYCLE with $64M USD to advance their solar glass plant located in Georgia which manufactures new solar glass from recycled materials
  • Canadian Solar currently produces 61 gigawatts of solar energy across 20 different countries

Going deeper:

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