RESOLAR has been deeply engaged in photovoltaic recycling technology and industry for many years. It is the only full-chain photovoltaic recycling group in China with recycled silicon material technology as its core. The recycled silicon materials manufactured by RESOLAR have significant advantages in carbon emissions and costs, and have achieved a recycling of silicon materials and metals from retired photovoltaic modules to new photovoltaic modules . RESOLAR has 15 years of experience in photovoltaic silicon material recycling and is a hidden champion in the industry. RESOLAR began to study module recycling technology in 2019. Its original GST green recycling solution and self-developed SWT silicon material impurities removing technology can convert decomissioned PV modules into recycled glass, recycled metal, and recycled 6N silicon materials, with a world-leading conversion rate.

2024 is the first year for photovoltaic recycling to be implemented in China. On March 7, the State Council of PRC issued a notice on the "Action Plan for Promoting Large-Scale Equipment Renewal and Consumer Goods Trade-in", which emphasized "exploring high-end equipment remanufacturing business in emerging fields such as wind power, photovoltaics, and aviation. Accelerate the research and development of residual life assessment technology for wind power, photovoltaics, power batteries and other products and equipment, and orderly promote the cascade utilization of products, equipment and key components. Promote the agglomeration and large-scale development of enterprises processing and utilizing renewable resources. Revise and improve the clean production evaluation index system, and formulate and revise the carbon emission accounting standards for key industry enterprises. Improve standards for upgrading and decommissioning wind turbines, photovoltaic equipment and products. Improve the standard system such as carbon labels, and give full play to the role of standard guidance, green certification, and high-end certification. "

As the photovoltaic market continues to expand, it is expected that the number of decommissioned crystalline silicon photovoltaic modules will increase sharply after the expiration of their lifespan in the future. How to deal with decommissioned modules has become a focus of attention. According to the research results of the 863 project of the Ministry of Science and Technology during the 12th Five-Year Plan, decommissioned photovoltaic modules are expected to exceed 60 GW in 2030 in China, and the total mass of glass, plastic, aluminum, copper, silicon, silver and other components will exceed 2 million tons. Most of these materials can be recycled and reused through proper recycling, which can effectively alleviate the pressure on the ecological environment, reduce the energy consumption of the entire photovoltaic industry chain, and further optimize the green energy-saving characteristics of the photovoltaic modules throughout their life cycle. Therefore, the recycling and harmless treatment of photovoltaic modules is one of the core issues in the industry and the environmental sector. In the past recycling technologies, the profit from the recycling of decommissioned photovoltaic modules cannot fully make up for the cost of transportation, disassembly and recycling. The economic efficiency of recycling is still a critical issue restricting the sustainable development of the photovoltaic recycling industry.

RESOLAR has effectively improved the efficiency of photovoltaic recycling and reuse through its exclusive photovoltaic recycling technology, breaking through the last mile of the renewable energy cycle. RESOLAR has established cooperative relationships with many companies, providing the most high-quality and comprehensive photovoltaic recycled silicon material solutions for the photovoltaic field, and has been awarded the honorary title of "Photovoltaic Recycling and Recycling" Pioneer Demonstration Unit. RESOLAR is the first photovoltaic recycling company in China to receive capital support from financial institutions, and will soon complete a new A+ round of financing.

Next, RESOLAR will carry out layout across the country to reduce environmental pollution and promote the renewable cycle of the photovoltaic industry. At the same time, RESOLAR will promote in-depth cooperation with central state-owned enterprises, share resources, improve development quality, and jointly serve the national green development strategy. RESOLAR will also continue to carry out technical research and development, improve the technology and market competitiveness of photovoltaic recycling, and contribute to the realization of carbon peak and carbon neutrality goals.

Hongjia ZHANG, CEO and co-founder of RESOLAR, said:

"Photovoltaic recycling is the general trend of the future, and recycling will be the next explosive growth point for the photovoltaic industry. Establishing a reasonable recycling system and using mature recycling technology to maximize the high-value recycling of each recyclable part of decommissioned PV modules, especially how to use recycled silicon materials to manufacture low-carbon, low-cost components, will be the goal of every photovoltaic recycling company and the basis for maintaining competitiveness in the fierce market competition in the future."

Bright Capital said:

"Photovoltaic power generation is an important part of energy structure transformation in China. Photovoltaic recycling market has huge potential. In the future, the world will produce more than 100 GW of recycled silicon materials every year. Advanced technology routes and key technologies of RESOLAR make its recycled silicon materials expected to become the third low-carbon and clean silicon material source in the future. Technologies of RESOLAR are the last step to realize the closed loop of circular economy and renewable energy. Bright Capital will support RESOLAR's development in the long term."