Dona Ferentes
Beware of geeks bearing grifts
- Joined
- 11 January 2016
- Posts
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Highlights
• Silver Extraction - First phase of critical metals PV recycling extraction
• Average solar panel contains around 20 grams of silver
• Silver demand is projected to reach a record 680 Mil oz in 2025
• Industrial demand growing at 7% CAGR
- demand beginning to outpace supply
• Projected market deficit of around 117.6 Mil oz in 2025
• Price of silver increased from US$15/oz in 2018 to US$34/oz in 2025, a 126% increase
• Dr. Binesh and Macquarie University team developed silver extraction technology
• LU7 acquired global rights to PV solar panel recycling technology
• “Microwave Joule Heating Technology” from Macquarie University
• A new silver extraction technology, distinct from MJHT, will be presented to LU7 once the patent is finalized
• 60-78 mt of waste photovoltaic modules are expected to accumulate by 2050
• Only 15% of waste solar cells are recycled worldwide – rest in land fill
• Equivalent of A$154 billion of silver value in waste
• Discarded panels also contain silicon, gallium and indium, critical in advanced semiconductor and solar energy technologies
LU7 PV SOLAR CELL RECYCLING
TECHNOLOGY TO TARGET SILVER EXTRACTION
TECHNOLOGY TO TARGET SILVER EXTRACTION
Highlights
• Silver Extraction - First phase of critical metals PV recycling extraction
• Average solar panel contains around 20 grams of silver
• Silver demand is projected to reach a record 680 Mil oz in 2025
• Industrial demand growing at 7% CAGR
- demand beginning to outpace supply
• Projected market deficit of around 117.6 Mil oz in 2025
• Price of silver increased from US$15/oz in 2018 to US$34/oz in 2025, a 126% increase
• Dr. Binesh and Macquarie University team developed silver extraction technology
• LU7 acquired global rights to PV solar panel recycling technology
• “Microwave Joule Heating Technology” from Macquarie University
• A new silver extraction technology, distinct from MJHT, will be presented to LU7 once the patent is finalized
• 60-78 mt of waste photovoltaic modules are expected to accumulate by 2050
• Only 15% of waste solar cells are recycled worldwide – rest in land fill
• Equivalent of A$154 billion of silver value in waste
• Discarded panels also contain silicon, gallium and indium, critical in advanced semiconductor and solar energy technologies