5N Plus Inc., a developer and producer of high-purity metals and compounds for electronic applications, and Abound Solar Inc. (formerly AVA Solar), a manufacturer of thin-film photovoltaic solar modules, have entered into a PV module recycling agreement and signed a memorandum of understanding (MOU) for the supply of 5N Plus products.
Under the terms of the recycling agreement, 5N Plus will provide recycling services for solar modules and manufacturing scrap produced by Abound Solar. The output of the 5N Plus recycling process will be recyclable glass and raw chemicals, ready to be processed into new finished products.
Abound Solar has also signed a memorandum of understanding MOU for the supply of semiconductor compounds from 5N Plus, to be used to manufacture the company's next-generation thin-film solar modules. The MOU is expected to lead to a long-term supply agreement for products from 5N Plus to Abound Solar.