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Comstock Metals Receives Expanded County Storage Permit for Recycling Ramp Up
Globenewswireยท 2025-06-05 20:15
Core Insights - Comstock Inc. has received approval for a conditional use permit to expand material storage for solar panels, facilitating the development of the first industry-scale solar panel recycling facility in Silver Springs, Nevada [1][3] - The facility aims to provide a 100% closed-loop, zero-landfill solution for end-of-life solar panels, setting a new standard in the solar recycling industry [2][4] - The facility is expected to process 100,000 tons of waste solar panels annually and is in the final stages of permitting, with commissioning planned for the first quarter of 2026 [4] Company Developments - Comstock Metals, a subsidiary of Comstock Inc., is focused on sustainable practices and advanced technologies in solar recycling [2][5] - The company has demonstrated the ability to recycle and reuse 100% of materials, leading to master service agreements with major utilities [3][4] - Comstock Metals is the first solar panel recycling company in North America certified by SERI to the R2v3/RIOS Responsible Recycling Standard, ensuring a zero-waste recycling process [4] Industry Context - The Silver Springs facility is strategically positioned to serve the growing solar industry in the western United States, addressing the need for efficient end-of-life solutions for solar panels [3][4] - The expansion of storage capacity is crucial for managing large volumes of solar panels and meeting the demands of large-scale customers [3][4] - Comstock's unique thermal delaminating processes and sustainable practices enhance its leadership in the recycling sector and strengthen the supply chain for domestically manufactured electrification products [5][6]