Listen to this article
OnePlanet secures $7 million in seed funding and a $14.5 million federal tax credit to develop a large-scale solar panel recycling facility in Florida. The project will process up to 6 million decommissioned solar modules by 2030, recovering critical materials like silicon, copper, and aluminum. Backed by experienced industry leaders, the facility supports U.S. clean energy goals and strengthens domestic supply chains.
Why OnePlanet Attracts $7 Million in Strategic Funding
OnePlanet Solar Recycling has finalized a $7 million seed round to advance its River City Project in Green Cove Springs, Florida. This facility is designed to process more than 2 million end-of-life photovoltaic modules annually by 2027, with plans to reach 6 million modules by 2030. The seed funding will cover final engineering, permitting, and pre-construction work.
The funding round was led by Khasma Capital, a firm focused on circular economy initiatives and energy transition assets. Khasma Capital emphasized the importance of upstream recycling infrastructure in supporting the scale of U.S. clean energy expansion. Partner Ashlynn Horras highlighted the alignment of OnePlanet’s strategy with regulatory, economic, and resource security trends that are shaping the future of solar waste recovery.
How OnePlanet Secures a $14.5M Clean Energy Tax Credit
OnePlanet received a $14.5 million federal Investment Tax Credit under the Department of Energy’s Section 48C(e) Advanced Energy Project Program. This program, part of the Inflation Reduction Act, supports U.S.-based advanced manufacturing initiatives that recover and reintegrate critical materials into domestic supply chains.
The credit backs infrastructure that enables domestic recovery of silicon, aluminum, and copper. OnePlanet’s River City facility qualifies due to its role in reintroducing these essential materials into clean energy and semiconductor production. The award strengthens the project’s financial foundation and aligns it with national clean energy policy priorities.
Inside the River City Project: What Sets It Apart
The River City Project is being developed as an industrial-scale solar panel recycling facility. Located in Green Cove Springs, it is intended to be one of the largest operations of its kind in North America. The first phase is scheduled for commissioning in 2027, with additional phases extending through 2030.
The facility’s technology stack features proprietary, fully automated separation and recovery systems. These systems are engineered to produce high-grade outputs of silicon, aluminum, copper, and silver. OnePlanet aims to integrate these recovered materials directly back into domestic manufacturing workflows, making the facility a key infrastructure asset for a circular solar economy.
The Urgent Need for Solar Panel Recycling in the U.S.
With a surge in solar panel installations over the past decade, the U.S. faces a growing volume of decommissioned modules. Landfilling these panels leads to the loss of valuable materials and poses environmental concerns.
OnePlanet’s River City Project directly supports sustainable disposal methods by establishing industrial capacity for module recycling. By recovering critical elements such as silicon and copper, the facility reduces reliance on imported raw materials and enhances long-term energy resource management.
Recommended: Tapcheck Raises $225 Million In Equity And Debt Funding To Empower Workers With On-Demand Pay Solution
Meet the Team Behind the Mission
OnePlanet’s executive team draws experience from heavy industry, finance, and renewable energy. CEO André Pujadas previously held senior positions at global steelmakers Nucor Corporation and Severstal. At Nucor, he played a key role in scaling Electric Arc Furnace technology, which redefined scrap metal use in steel production.
Other members of the leadership team come from firms including Goldman Sachs, PineGate Renewables, and Commercial Metals Company. Recent hires bring expertise from Dow Chemical, 3M, Koch Industries, Trina Solar, and Array Technologies, covering advanced chemical processes and utility-scale renewable energy sales.
What This Means for Clean Energy and the U.S. Supply Chain
The River City Project is designed to be a platform-level asset that supports the development of a national network of solar panel recycling facilities. Its output will feed into U.S.-based manufacturing, contributing to semiconductor production and supporting energy-critical material supply chains.
OnePlanet’s process captures high-purity materials needed for clean energy equipment and electronics manufacturing. By maintaining these resources within the domestic market, the project reinforces supply chain independence and aligns with federal goals on advanced energy manufacturing.
Why OnePlanet Becomes a Key Player in America’s Clean Energy Infrastructure
OnePlanet’s combination of strategic capital, public funding, and industrial expertise positions it as a foundational company in the solar recycling sector. Its Florida facility marks the beginning of a broader initiative to support the circular use of solar technology materials in the U.S.
The River City Project directly supports national efforts to manage the lifecycle of solar infrastructure. With its scalable model, institutional support, and technical execution, OnePlanet establishes a pathway for industrial recycling to support energy security and sustainable growth.
Please email us your feedback and news tips at hello(at)techcompanynews.com
