Seyssins, France – ROSI has solidified its position as a leading European player in the high-value recycling of solar panels, officially announcing on April 28, 2026, that it has secured over €20 million in funding. This financial package, which will accelerate the company’s industrial expansion across Europe, combines a Series B fundraise with French and European public grants. The core of this investment is the construction of a new, fully standardized industrial site in Spain with an annual capacity of 10,000 tonnes, while strategic leadership appointments and renewed partnerships further strengthen the company’s position in the industrial circular economy.
A €20 Million Funding Package: A Broad International Syndicate
According to the official announcement, the total funding of over €20 million is intended to accelerate ROSI’s next phase of growth. The Series B fundraise saw participation from both existing shareholders and new, prominent international investors. The syndicate was led by the following entities:
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InnoEnergy
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CMA CGM
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The European Innovation Council (EIC)
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G3T (a Spanish family office)
Throughout this process, Finadvice, a Zurich-based corporate finance advisory firm specializing in DeepTech, acted as the strategic financial advisor. Furthermore, Finadvice participated directly as an investor alongside Swiss and Polish family offices. Pier Paolo Raimondi, Managing Director at Finadvice, highlighted the unique appeal of the investment: “It is rare to find a combination of a huge market, a senior team delivering on technical excellence and operational scale, superior unit economics and great availability of non-dilutive in capital all in one.”
A 10,000-Tonne Processing Capacity in Teruel, Spain
The most significant milestone of this industrial expansion is the deployment of a new facility in Teruel, Spain. This project is supported by the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the European Innovation Fund through ROSI’s INSPIRE-PV project.
Building on the operational experience gained at the startup’s first industrial site, ROSI Alpes, the Teruel plant will feature the first integrated, highly automated, and fully standardized production line designed specifically for large-scale deployment. The facility will have an annual processing capacity of 10,000 tonnes. Utilizing ROSI’s highly efficient recycling technology, the plant will aim to recover and supply high-purity recycled raw materials, specifically:
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Silver
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Silicon
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Copper
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Aluminium
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Glass
This scalable, circular model is crucial for Europe, as it reduces dependency on imported critical raw materials and strategically strengthens the European supply chain for the photovoltaic sector.
Leadership Expansion and Renewed Soren Partnership
To support its rapid industrial growth, ROSI has also reinforced its technical and industrial management team. Effective April 1, 2026, Thierry Galvez was appointed as the Production Site Director of ROSI Alpes. Bringing 30 years of experience in the photovoltaic industry—primarily from his tenure at Photowatt—Galvez will focus on maximizing industrial performance, ensuring operational excellence, and establishing the necessary conditions for future expansions.
Simultaneously, ROSI secured a major consolidation in the French market. The eco-organization Soren has officially selected ROSI Alpes to recycle end-of-life solar panels collected throughout France over the coming years.
Industry Challenges: Preparing for the 2050 Solar Waste Wave
The pressing context for this project is the industry forecast that, by 2050, tens of millions of tons of photovoltaic panels will reach the end of their lifecycle. In stark contrast to conventional, low-value-added recycling streams, ROSI’s proprietary process offers a circular, value-creating alternative to recover these precious materials.
“This funding marks an important milestone for ROSI,” stated Dr. Yun Luo, President and Co-founder of ROSI. “Our ambition is to build a European-scale industrial platform for circular management and the production of strategic raw materials, transforming end-of-life solar panels into a reliable source of high-purity materials for the European industries of tomorrow.”
The investor syndicate unanimously echoed the ecological and economic importance of the technology. Gianmarco Panone (InnoEnergy) noted that ROSI contributes to building a sustainable and sovereign solar value chain in Europe. Romain Girard (CMA CGM) emphasized that the company perfectly illustrates the kind of industrial circular-economy platform Europe needs, possessing a tangible potential to reduce the CO2 footprint of the photovoltaic value chain. Finally, Rafael Tous Godia, CEO of G3T in Barcelona, expressed his delight in supporting the strategic roadmap aimed at establishing a one-of-a-kind, highly performing recycling platform, particularly within the Spanish photovoltaic value chain.
Source and Reference:
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Original Official Press Release: ROSI Official Website – ROSI secures over €20 million to scale solar panel recycling across Europe
