SOLAR MATERIALS to build industrial scale recycling plant for solar panels to increase the company’s annual recycling capacity to 10,000 tons
SOLAR MATERIALS, a cleantech startup from Magdeburg for solar panel recycling, announced the successful closing of its EUR 12.2 million Series A round. With the funding, the company builds its first industrial sized recycling plant in Magdeburg and increases its recycling capacity to over 10,000 tons or 500,000 solar panels per year. “The new plant will be …