European solar silicon waste recycling company to invest and seek partners in China

2021-07-27
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Industry: Energy saving and environmental protection Region: Europe Transaction price: 10 million US dollars Transaction method: equity investment

The company is a leading European company in silicon waste recycling technology. It extracts raw silicon from the silicon waste produced during the production of solar cells, and then supplies the silicon metal as raw material to the solar and chemical industries.

Details: The European company has a leading technology for recycling silicon waste from the production process of solar cells, and the extracted silicon metal as a raw material for the solar and chemical industries. The company has developed a technology that can recover the waste liquid and reduce it into silicon metal with a purity of 99.9% or more, thus solving the problem of waste liquid discharge. By recovering the silicon waste, direct carbon emissions and energy consumption are reduced.

The company holds exclusive technologies and patents in four areas: crushing and mixing, pressing and drying, melting and casting, and shaping and packaging. Future technology directions include adding layers of filtration, dry etching, electrostatic filtration, weight separation, and flotation. The company's main market is currently focused on solar silicon producers in mainland China.

Investment highlights

The company has technical partnerships with major global metal industry companies and research with leading European research institutions.

The company can achieve the lowest carbon emissions in the industry, by recycling silicon feedstock, reducing direct carbon emissions and energy consumption;

The company could save solar silicon manufacturers a lot of money on silicon costs;

Focusing on the Chinese market, the company has set up operations in Asia.

Cooperation intention

The company hopes to set up pilot plants in China. According to the initial budget, over the next 12 months, the company will produce silicon in industrial conditions, deliver silicon to customers, secure delivery and supply contracts, and begin expansion.

The company takes China very seriously, having set up subsidiaries in Asia, and is now looking for investors for its Chinese operations.