Core Viewpoint - Canadian Solar Inc. has entered into a partnership with SOLARCYCLE to provide comprehensive recycling services for solar modules in the U.S., marking a significant step towards sustainability in the solar industry [1][2]. Company Overview - Canadian Solar, founded in 2001, is one of the largest solar technology and renewable energy companies globally, having delivered over 133 GW of solar photovoltaic modules [4]. - The company has developed approximately 11 GWp of solar power projects and 3.7 GWh of battery energy storage projects since 2010, with a current operational capacity of about 1.6 GWp [4]. - Canadian Solar has a robust project pipeline, including 6.5 GWp under construction and 20.9 GWp in advanced and early-stage development [4]. Partnership Details - The partnership designates SOLARCYCLE as the preferred recycling partner for Canadian Solar, allowing customers to secure recycling services at the time of solar module purchase [1][2]. - This collaboration aims to enhance the sustainability of solar projects by integrating recycling into the lifecycle from the outset [1][2]. Industry Impact - The partnership emphasizes the commitment of both companies to promote solar recycling in the U.S., which will help divert valuable materials from landfills and reintegrate them into the solar supply chain [2]. - SOLARCYCLE's technology can extract up to 95% of the materials from solar panels, including silver, silicon, copper, and aluminum, thus supporting the circular economy in the solar sector [3].
Canadian Solar and SOLARCYCLE Ink Landmark Cradle-to-Cradle U.S. Recycling Partnership