SOLAR MATERIALS has developed a patented process to recover high-quality, sort-pure materials — including glass, aluminum, copper, silver and silicon — from end-of-life crystalline silicon solar modules, which comprise more than 95% of the global installed base. The technology has been industrially validated and the company positions modules as a resource rather than waste, addressing rising volumes of retired panels in Europe. SOLAR MATERIALS is scaling its recycling technology across larger industrial sites and is working to extend the process to additional module technologies. The company has secured up to €20 million in a Series B to accelerate European scale-up and site buildout, and has formed a strategic partnership with NOVA by Saint-Gobain to feed recycled glass into float-glass production. No specific revenue, user or other operating metrics were disclosed in the article.

Total raised

$26M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2026