Solar Panel Recycling Market worth $1.12 billion by 2030 – Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., June 19, 2025 /PRNewswire/ — The report Solar Panel Recycling Market by Type (Monocrystalline, Polycrystalline), Shelf Life (Early Loss, Normal Loss), Process (Mechanical, Hybrid), Material (Silicon, Metal, Plastic, Glass) – Global Forecast to 2030″, solar panel recycling market size is projected to grow from USD 0.39 billion in 2024 to USD 1.12 billion by 2030, registering a CAGR of 19.5% during the forecast period.

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A number of factors are creating demand for the solar panel recycling market. Increased adoption of solar energy around the world is leading to an increasing number of end-of-life panels that need to be disposed of. Environmental regulations and government policies related to the environment, encourage the responsible disposal of solar panels by proper recycling, as well as promoting circular economy waste practices. Authorization of the environmental dangers related to the improper disposal of solar panels has led to the urgent need for the more environmentally friendly recycling of these panels. In addition, there is an economic incentive based on the recovery of materials such as silicon, silver, and aluminum from panels that have been disposed of as well.

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Polycrystalline is anticipated to be the largest segment of the solar panel recycling market, based on type, during the forecast period

Polycrystalline panels accounted for the largest market share of the solar panel recycling market mainly because they are used extensively in initial solar installations and are relatively affordable to manufacture. The panels have been the most preferred type for large-scale solar installations for the last two decades, particularly in the emerging and price-conscious markets, because of their relatively lower production cost compared to monocrystalline types. Consequently, a large proportion of old and retired solar panels that make it to the recycling pipeline today are polycrystalline. Polycrystalline panels have recoverable materials like glass, aluminum, and silicon that are easy to recover, making mechanical recycling techniques more viable and cost-effective. Their less complex cell structure also makes dismantling easier, with shorter processing time and cost.

Early loss is anticipated to be the larger segment of the solar panel recycling market, based on shelf life, during the forecast period

Early loss accounted for the larger market share of the solar panel recycling market due to the failure and premature disposal of early-installed panels as a result of unexpected failure. Most of these early-generation panels experienced defects during manufacture, were poor-quality materials, or where installation methods were inferior, resulting in compromised performance and reliability. The rapid development of solar tech has also led some system owners to upgrade to new, more efficient panels earlier than their life expectancy, adding volumes of discarded panels. In contrast to panels reaching their typical end-of-life, early-loss panels are entering the recycling stream in greater-than-expected volumes, spurring an immediate demand for recycling solutions.

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Hybrid is anticipated to be the larger segment of the solar panel recycling market, based on process, during the forecast period

Hybrid recycling accounted for the higher share of the solar panel recycling market due to its ability to achieve maximum material recovery and meet the continuous demand for materials in the marketplace. Unlike pure mechanical recycling, hybrid recycling offers a way to extract a broader range using mechanical, thermal, and chemical processes and yields high-purity silicon, silver, and rare metals. Hybrid methods will be especially effective for modern, high-efficiency solar panels with more complex materials, such as monocrystalline solar panels, which have ultimately combined and integrated various technologies. As environmental regulations become stricter to promote a circular economy, hybrid recycling provides value in sustainability and economic prosperity with less waste sent to landfills, increased recovery of critical raw material, and advanced recovery choices. Additionally, with increasing investments into advances in recycling processes, hybrid recycling will be an efficient, scalable, and commercially viable commitment for businesses.

Metal is anticipated to be the largest segment of the solar panel recycling market, based on material, during the forecast period

Metals accounted for the largest share of the solar panel recycling market because they represent a larger share of valuable, reclaimable materials in photovoltaic panels. Aluminium, copper, and silver are some of the key metals that are used as materials in the frames of panels, wiring, and contacts and therefore find high demand in recycling processes. Aluminium frames, especially, are present in high volumes and are easy to differentiate, which allows inexpensive recycling with high rates of recovery. Silver and copper, although they occur in lesser amounts, contribute significant economic value based on their relatively high market values and usage in different industries. Metals retain their properties when they are recycled and hence reused in producing new materials, contributing to circular economy objectives. The fact that metals are relatively easy to extract compared to other intricate materials such as silicon or plastics significantly increases their dominance in the recycling industry.

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Europe is expected to be the largest region of the solar panel recycling market during the forecast period

Europe holds the largest market share in solar panel recycling due to its robust regulatory framework, advanced recycling infrastructure, and an overall commitment to sustainability. European countries have established comprehensive policy frameworks and targets to manage photovoltaic waste properly, stimulating investments in specialized recycling units. The relatively early adoption of solar energy in Europe means that a significant number of panels have reached or are approaching the end-of-life, further pushing the demand for recycling facilities. The region’s emphasis on circular economy principles presents further opportunities for recycling as it encourages the recovery and reuse of economically valuable materials from solar panels, such as silicon, glass, or metals, as needed. With significant levels of both, public awareness and government support promoting green initiatives, conditions appear to be favorable for a rapidly growing emerging market for solar panel recycling.

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the solar panel recycling market. First Solar (US), Reiling GmbH & Co. KG (Germany), The Retrofit Companies, Inc. (US), Rinovasol Global Services B. V. (Netherlands), ROSI (France), We Recycle Solar (US), SILCONTEL LTD (Israel), Etavolt Pte. Ltd. (Singapore), PV Industries (Australia), and SOLARCYCLE, Inc. (US).

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Direct Air Capture Market Poised for Explosive 43.3% CAGR Growth, Reaching USD 6.93 Billion by 2035 | Meticulous Research®

Climate technology sector sees explosive growth as companies invest billions in carbon removal solutions to meet net-zero commitments

REDDING, Calif., June 19, 2025 /PRNewswire/ — The global direct air capture market will surge from $136.5 million in 2024 to $6.93 billion by 2035, representing a 43.3% CAGR from 2025, according to new research from Meticulous Research®.

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The comprehensive market analysis, titled “Direct Air Capture Market by Technology (Solid Sorbent Systems, Liquid Solvent Systems, Membrane-Based Systems), Capture Method (Chemical Absorption, Membrane Separation), End User (Oil & Gas, Chemical Industry, Transportation) – Global Forecast to 2035,” reveals that climate urgency and corporate net-zero commitments are driving the adoption of carbon removal technologies across industries.

“Direct air capture has evolved from experimental technology to essential infrastructure for achieving global climate goals,” said Uddhav Sable, Research Director at Meticulous Research®. “With over 70 countries committed to net-zero targets and more than 3,000 companies establishing science-based climate goals, atmospheric CO2 removal is becoming critical for hard-to-abate sectors including aviation, shipping and heavy industry.”

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Carbon Credit Economics Drive Investment

Rising carbon credit prices are transforming direct air capture economics, with high-quality removal credits commanding premium prices exceeding $600 per ton. Voluntary carbon markets are projected to reach $100 billion annually by 2030, creating sustainable revenue streams for DAC project operators.

Government policy support is accelerating deployment through substantial incentives. The U.S. Inflation Reduction Act provides up to $180 per ton in tax credits for direct air capture with permanent storage, while European Union carbon border adjustment mechanisms establish regulatory drivers complementing financial incentives.

“Economic viability has dramatically improved as carbon credit prices appreciate and government incentives reduce project risks,” Uddhav noted. “DAC companies have attracted over $2 billion in venture capital and corporate investment during the past two years, with funding increasingly focused on commercial-scale deployment.”

Technology Segments Show Distinct Growth Patterns

Solid sorbent systems dominate the overall carbon capture current in 2025 through proven operational reliability and demonstrated scalability in commercial applications. Companies including Climeworks and Carbon Engineering have validated solid sorbent systems in operational facilities, establishing technical benchmarks for industry deployment.

However, membrane-based systems represent the fastest-growing technology category, offering continuous operation capabilities and reduced chemical inputs compared to traditional absorption methods. Recent breakthroughs in selective membrane materials enable efficient CO2 separation while minimizing energy consumption.

Industrial Applications Expand Market Reach

The oil and gas sector represents the largest end-user segment, leveraging captured CO2 for enhanced oil recovery while addressing corporate carbon neutrality commitments. Major energy companies including ExxonMobil, Chevron and BP are investing billions in DAC infrastructure as part of comprehensive decarbonization strategies.

Chemical manufacturers demonstrate the highest growth as they integrate captured atmospheric CO2 as feedstock for sustainable production. This carbon utilization approach creates economic value while removing CO2 from the atmosphere, enabling circular carbon economy development.

Transportation sectors including aviation and shipping increasingly rely on direct air capture for offsetting unavoidable emissions. Airlines including United, American and Delta have committed to purchasing millions of tons of DAC-based carbon removal credits, creating substantial demand for permanent CO2 removal services.

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Regional Markets Show Divergent Growth Strategies

North America maintains market leadership through supportive federal and state policies, substantial private investment and operational commercial facilities. The United States hosts the world’s largest operational DAC facilities while providing generous tax incentives for carbon removal projects.

Europe leads innovation through Switzerland’s operational commercial facilities and comprehensive carbon removal policies. Companies like Climeworks have demonstrated commercial viability while European policymakers develop carbon removal mandates creating sustained demand.

Asia-Pacific demonstrates the highest regional growth potential through China’s massive industrial decarbonization requirements and government investments in carbon capture research. China’s commitment to carbon neutrality by 2060 creates enormous market opportunities for technology providers.

Investment Landscape Creates Growth Opportunities

Strategic partnerships between technology providers and end users are accelerating market development while sharing risks associated with large-scale projects. These collaborations combine technical expertise with operational experience and financial resources necessary for gigaton-scale carbon removal.

Carbon utilization applications including sustainable fuels, chemicals and building materials create additional revenue streams improving project economics. These applications generate premium prices for captured CO2 while meeting growing demand for sustainable products across industries.

The competitive landscape features dynamic competition between established engineering companies, specialized carbon capture developers and renewable energy integrators. Key participants include Carbon Engineering Ltd., Climeworks AG, Global Thermostat LLC, Heirloom Carbon Technologies Inc., Carbfix ehf., Svante Inc. and Verdox Inc.

Related Industry Reports:

Carbon Accounting Software Market Size ($7B by 2032) | 23% CAGR | Industry Analysis 2025-2032

Biodiversity & Natural Capital Credit Market Outlook 2032

Activated Carbon Market Size, Share, Trends & Report 2032

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BJ’s Wholesale Club Gives $1.25 Million to Help Reduce Hunger, Starting in Massachusetts

MARLBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ) announced today that it is donating $1.25 million to help reduce hunger, starting with grants in the company’s home state of Massachusetts. From new trucks to refrigeration units to renovations, the funds will help food banks and pantries increase their capacity to meet growing need. The grants, given by BJ’s Charitable Foundation, will be used across the company’s footprint. “BJ’s Wholesale Club is driven by a powerful purpose

Bregal Sphere Announces Investment in Agroforestry and Reforestation Project, Jubilación Segura

LONDON–(BUSINESS WIRE)–Bregal Sphere today announced an investment in Jubilación Segura (“the Project”), an agroforestry and reforestation initiative focused on coffee and cocoa landscapes in the Peruvian Amazon. Bregal Sphere will invest in an expansion of the Project, aiming to double the Project’s size, enabling the distribution of 4.4 million trees over the next five years and the restoration of more than 5,000 hectares of degraded land. The Project will seek to engage over 4,000 addition

European Patent Office (EPO): Neeka and Leila Mashouf win the Nature Guardians prize at the Young Inventors Prize 2025 for turning CO₂ into essential materials

  • 28-year-old American scientists recognised for converting industrial CO₂ emissions into biodegradable cellulose
  • Their innovation offers a scalable, low-carbon alternative to textile production
  • The European Patent Office is awarding them EUR 20 000 for advancing sustainable material manufacturing

MUNICH and REYKJAVÍK, Iceland, June 19, 2025 /PRNewswire/ — During a ceremony held today in Iceland, the European Patent Office (EPO) awarded the twin American sisters Neeka and Leila Mashouf (28) the Nature Guardians prize for their invention, developed through their company Rubi Laboratories. Their breakthrough innovation mimics the way trees absorb carbon dioxide using enzymes to convert industrial CO₂ emissions into biodegradable cellulose that can be spun into sustainable textiles and other products.

The Nature Guardians prize recognises initiatives dedicated to protecting ecosystems and biodiversity, addressing climate change, ocean health and wildlife conservation. Their work helps prevent environmental damage and restore natural balance. As this year’s recipients of the Nature Guardians Prize, the Mashouf sisters received in total EUR 20 000 (EUR 5 000 awarded to each Tomorrow Shaper and an additional EUR 15 000 in recognition of this special prize).

Additional recognition from the European Patent Office propels Rubi’s mission forward, as we pioneer the next era of energy-efficient manufacturing by transforming carbon into essential materials,” said Neeka Mashouf, co-founder and CEO at Rubi. “A better world, where manufacturing exists in harmony with the planet, continues to serve as our North Star as we reach new milestones and make strides in commercializing our technology.”

The American inventors were selected by an independent jury as one of the ten winners of the Young Inventors Prize 2025, chosen from over 450 candidates worldwide. This prize celebrates innovators aged 30 and under, known as Tomorrow Shapers. From this group, three were awarded special prizes:

  • World Builders, awarded to the French-American Marie Perrin, for promoting sustainable access to essential resources like water, energy and sustainable infrastructure;
  • Community Healers, awarded to the Ugandan team of Sandra Namboozo and Samuel Muyita for developing solutions for food security, education, healthcare and fair working conditions;
  • Nature Guardians, awarded to the American team.

Reducing emissions through textile innovation

The global textile industry is one of the most environmentally damaging supply chains, contributing up to 8% of global CO₂ emissions, according to the United Nations Environment Programme (UNEP). In response to the sector’s high environmental cost, the Mashoufs developed a novel carbon conversion process that avoids the energy demands and sugar-based inputs typical of many existing technologies.

Operating outside living cells in a controlled reactor, their system uses enzymes to turn captured CO₂ into cellulose pulp – the basis for biodegradable fibres. The sisters claim this method consumes ten times less energy than thermochemical alternatives and reintegrates carbon into the natural cycle. “It took countless trials, errors, and optimisations to make it all work, from producing enzymes that had never been made before to testing them in conditions no one had ever explored,” said Neeka.

Shaped by science, inspired by nature

Neeka and Leila Mashouf were driven by a desire to tackle the environmental impact of the fashion industry. In 2021, they founded Rubi Laboratories to turn industrial CO₂ emissions into textiles using a nature-inspired enzymatic process. The company is now focused on scaling the technology and expanding its applications, with CO₂-derived cellulose already being piloted by Walmart, Patagonia and H&M. “Our focus is now on engineering and execution. It’s exciting to be at the point where we can concentrate on scaling the system and bringing everything to the next level,” said Neeka.

Their team now includes 17 scientists and engineers specialising in enzymology, chemical engineering and carbon capture. “These skills hadn’t really been combined before. It’s an ongoing challenge to find the right people, which is why we always search globally—because this work requires something truly unique,” she added.

The Young Inventors Prize celebrates worldwide innovators 30 and under using technology to address global challenges posed by the United Nations Sustainable Development Goals (SDGs). By turning waste carbon into a valuable resource, the Mashouf sisters are directly contributing to UN SDG 9 (Industry, Innovation & Infrastructure), SDG 11 (Sustainable Cities & Communities), SDG 12 (Responsible Consumption & Production), and SDG 13 (Climate Action).

The winners of the 2025 edition were announced today during a ceremony livestreamed from Iceland. 

Find more information about the invention’s impact, the technology and the inventor’s story here.

About the Young Inventors Prize

Aimed at individuals 30 and under, the Young Inventors Prize showcases the transformative power of youth-driven solutions and recognises the remarkable young people paving the way to a more sustainable future. Established in 2022, trophies were first handed out during the European Inventor Award ceremony. As of 2025, the Prize has moved up a gear with its own dedicated event, held separately from the Award. Among the 10 Tomorrow Shapers selected for each edition, three receive special prizes: World Builders, Community Healers, and Nature Guardians. In addition, a People’s Choice winner is selected through an online public vote. Each Tomorrow Shaper receives EUR 5 000, while the three special prize winners are awarded an additional EUR 15 000. The People’s Choice winner also receives an extra EUR 5 000. Read more on the Young Inventors Prize eligibility and selection criteria.

About the EPO

With 6,300 staff members, the European Patent Office (EPO) is one of the largest public service institutions in Europe. Headquartered in Munich with offices in Berlin, Brussels, The Hague and Vienna, the EPO was founded with the aim of strengthening co-operation on patents in Europe. Through the EPO’s centralised patent granting procedure, inventors are able to obtain high-quality patent protection in up to 46 countries, covering a market of some 700 million people. The EPO is also the world’s leading authority in patent information and patent searching.

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LG Energy Solution and Toyota Tsusho Establish a Battery Recycling Joint Venture in the U.S.

  • The joint venture company Green Metals Battery Innovations will construct a pre-processing facility in North Carolina to extract black mass, a key material for battery recycling
  • The new facility objective is to achieve an annual processing capacity of 13,500 tons of scrap, equivalent to over 40,000 automotive batteries
  • LG Energy Solution’s first battery recycling JV in North America signifies a strong commitment to collaboration on a closed-loop system and circular economy

SEOUL, South Korea, June 19, 2025 /PRNewswire/ — LG Energy Solution and Toyota Tsusho Corporation today announced the establishment of Green Metals Battery Innovations, LLC, a joint venture company focused on battery recycling. Under the agreement signed by LG Energy Solution Michigan and Toyota Tsusho America, the two partners decided to construct and operate a pre-processing plant in Winston-Salem, North Carolina.

The new plant will handle pre-processing operations to extract black mass which contains valuable raw metals such as nickel, cobalt, and lithium, by dismantling and shredding battery production scrap. In the initial stage of the joint venture’s operation, LG Energy Solution will supply scrap generated during the production of EV batteries for Toyota Motor.

The facility is scheduled to commence operations in 2026, with an objective to achieve maximum annual processing capacity of 13,500 tons of scrap — equivalent to over 40,000 automotive batteries.  

The extracted black mass will later undergo a separate post-processing stage to recover raw materials contained within. The joint venture seeks to further establish a battery-to-battery closed-loop system where those raw materials are circulated as recycled resources for new battery materials, advancing a true circular economy in the battery supply chain.

This collaboration between LG Energy Solution and the Toyota Group aims to drive carbon emissions down through circular economy initiatives. By partnering with a leading battery recycler equipped with advanced pre-processing technologies and operational know-how, LG Energy Solution intends to secure a competitive recycling infrastructure in the region.

“This joint venture will not only help secure a stable supply of key battery materials but also enhance the competitiveness of our recycling business in North America,” said Chang Beom Kang, CSO of LG Energy Solution. “We are fully committed to leading the recycling market through innovative and differentiated technologies.”

“We are proud to partner with LG Energy Solution to advance the battery recycling infrastructure in North America,” said Masaharu Katayama, COO of Toyota Tsusho. “This joint venture is a significant step toward realizing a circular economy for batteries, which is essential for building a sustainable mobility society.”

About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 69,600 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://news.lgensol.com.

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Risen Energy Launches Integrated Solar Storage Systems at SNEC 2025

Full-stack residential, C&I, and utility-scale solutions highlight seamless PV, storage, and energy management integration

NINGBO, China, June 18, 2025 /PRNewswire/ — On June 11, 2025, Risen Energy unveiled its Full-Stack Renewable Energy Solutions at the 18th SNEC PV Power Expo. The solutions lineup is designed to deliver a fully integrated ecosystem that brings together modules, inverters, energy storage and smart energy management platforms. These vertically integrated solutions are built to simplify procurement, reduce operational complexity, and resolve fragmented after-sales support—common issues that continue to challenge today’s solar industry.

Full-Stack Renewable Energy Solutions: Three System Configurations to Support Residential, C&I, and Utility-Scale Applications

To support a wide range of customer needs, Risen Energy has developed three targeted system solutions for the residential, commercial and industrial (C&I), and utility-scale markets. Each configuration combines customized hardware with intelligent software to ensure optimized performance and user-centric energy management:

Residential Solution – Featuring high-efficiency n-type modules, compact Luvit microinverters, and stackable storage systems, this offering is engineered to maximize safety, convenience, and energy efficiency for homeowners. Built-in Wi-Fi connectivity and rapid shutdown functionality provide smarter, safer home energy management.

C&I Solution – Built for industrial parks, factories, and other commercial environments, this hybrid system combines PV, energy storage, and diesel generation under one platform, all managed through the Risen Cloud system. This enables real-time, end-to-end digital control of generation, storage, usage, and load balancing—delivering meaningful reductions in energy costs and improved operational visibility.

Utility-Scale Solution – Powered by the high-density eTron liquid-cooled energy storage system (6.9MWh per unit), this large-scale solution delivers a 37% boost in energy density and a 23% improvement in space efficiency. Coupled with AI-driven cloud monitoring, the system helps maximize output and return on investment for developers and grid operators.

Flagship technologies on display at SNEC:

Hyper-ion Pro Module – Setting a new industry standard, this module delivers over 730Wp in mass production, with a bifaciality ratio of 90% and an ultra-low temperature coefficient of -0.24%/°C—surpassing both TOPCon and back-contact designs in core performance areas.

Next-Gen Inverter – Designed with a single-stage integrated architecture, this inverter achieves over 98% peak efficiency and a 4% increase in energy yield compared to conventional models. Symmetrical stress load distribution contributes to a 50% longer system lifespan and enhanced long-term value.

iCon Liquid-Cooled ESS – Offering modular scalability and direct integration with multiple energy inputs, this solution uses top-tier LFP cells and features IP55-rated protection for long-lasting reliability across a wide range of operating conditions. Key functions include off-grid capability, scalable capacity, and peak load balancing.

Risen Stack1 Modular ESS – Designed for deployment flexibility, this system supports configurations from 48 to 120kWh with a uniform modular architecture. A six-level battery protection system ensures safety, while deployment can be completed in under five minutes using the Risen Cloud platform for intuitive operation and maintenance.

Risen Energy also unveiled its new 4S Safety Architecture, which builds on the traditional BMS+EMS+PCS model by adding a proprietary Safety Management System (SMS). The solution applies intelligent algorithms and topologic strategy to create a closed-loop framework for prevention, control, and fail-safe operation—raising the benchmark for safety in solar storage deployments.

“From cell to system, our goal has always been to bring clean energy into everyday life,” said Song Yifeng, Director of Product Center at Risen Energy. “The future of energy doesn’t lie in standalone products, but in integrated, intelligent systems. We’re committed to pushing forward innovation across the entire energy value chain.”

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ShawKwei & Partners Completes Acquisition and Delisting of PEC Ltd

SINGAPORE, June 18, 2025 /PRNewswire/ — ShawKwei & Partners (“ShawKwei”), an Asian private equity industrial investor, has completed the US$165 million acquisition and final delisting of PEC Ltd (“PEC”) from the Singapore Exchange. The PEC acquisition is by Liberty Energy Solutions Ltd (“Liberty Energy”), an investment platform established under the control of ShawKwei. 

Founded in 1982 and headquartered in Singapore, PEC is a well-established provider of maintenance and engineering, procurement, and construction (EPC) services for the oil & gas and petrochemical industries. PEC reported revenue of US$305 million, net profit of US$12 million, and a net cash position of US$110 million for the twelve months ending 31 December 2024. Please visit www.peceng.com for more information on PEC.

Liberty Energy currently has two other wholly owned subsidiaries with CR3 Group (“CR3”), a leading energy engineering solutions leader, and ZymeFlow LLC (“ZymeFlow”), an innovator in chemical decontamination technologies. This PEC acquisition accelerates Liberty Energy’s strategic development as a global platform with best-in-class energy services. The integration of PEC’s operational capabilities with Liberty Energy’s existing subsidiaries establishes the sector’s preeminent provider of comprehensive energy solutions across oil & gas and petrochemical industries with major operational offices in Singapore, Houston, Abu Dhabi, and Mumbai.

Kyle Shaw, Founder and Managing Partner of ShawKwei and Chairman of Liberty Energy, stated: “This addition of PEC’s operational expertise to Liberty Energy strengthens CR3’s engineering and manufacturing capabilities, broadens the group’s geographic spread of customers, and creates more opportunities for ZymeFlow’s proprietary decontamination technology. There are tremendous opportunities with the changing energy industry and Liberty Energy is now best positioned to serve our global clients with world-class products and services.”

PEC management will continue under the successful leadership of Chair Edna Ko and CEO Robert Dompeling as they now join Liberty Energy in meeting today’s global energy service, product, and solution demands.

About ShawKwei & Partners

ShawKwei & Partners is a private equity fund manager investing in industrial and service companies with revenues between US$50-800 million operating across Asia, Europe, and the USA. After investing, ShawKwei & Partners helps improve a business by partnering with management to identify and realize sustainable performance improvements in sales growth, margin expansion, and capital efficiency. Kyle Shaw established ShawKwei & Partners in Hong Kong in 1998 after previously managing Asian private equity funds for the Tudor Investment Group and Security Pacific National Bank. Please visit www.shawkwei.com 

About Liberty Energy Solutions

Liberty Energy Solutions is a global leader in energy engineering and proprietary technologies, serving oil & gas and petrochemical clients across North America, Asia, and the Middle East. With 200+ patents and 200+ annual plant turnarounds for industry leaders including Reliance, SPRC, Neste, Chevron, Nayara, Petronas, BP, and Shell, Liberty Energy through its subsidiaries delivers end-to-end solutions from decontamination to operational optimization, driving sustainable value across the energy sector.  Please visit libertyenergy.group 

About CR3 Pte Ltd

Founded in 1991 in Singapore, CR3 provides energy engineering solutions across 18 Asian countries, India, and the Middle East from operational bases in Singapore, Thailand, India, Malaysia, and the UAE. CR3 is well known for handling mission-critical reactor catalysts used in refining, chemical, fertilizer, and heavy industrial plants for customers in asset-intensive industries such as energy production, chemical processing, and power generation.  CR3 also offers equipment and plant maintenance, pipeline and process services, shutdowns and turnarounds, and engineering, procurement, and construction (EPC) solutions. Backed by a loyal workforce, strong customer relationships, and a wide network of technical partners, CR3 has built a reputation for excellence and is well-positioned to support the energy sector’s transition to a lower-carbon future.  Please visit www.CR3.group  

About ZymeFlow LLC

Headquartered in Houston, Texas, ZymeFlow has over 35 years of experience pioneering innovative chemical decontamination solutions that are more effective, more environmentally friendly, and less wasteful than alternative methods. As an industry leader, ZymeFlow continues to develop proprietary chemistries and application technologies such as ZymeFlow® Pro, Rezyd-HP®, CatZyme®, and ZymeFlow® LNG. Its diverse, 100% biodegradable product line helps clients meet sustainability goals, reduce downtime, and lower costs across refining, petrochemical, and LNG facilities onshore and offshore in over 55 countries.  Supported by one of the most experienced operations teams in the industry, ZymeFlow’s patented, eco-friendly solutions optimize facility performance, reduce carbon footprints, and drive green initiatives. Please visit www.ZymeFlow.com 

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