Xpogen Circular is building India's first automated c-Si solar panel recycling plant with integrated silver recovery. Taloja MIDC, Navi Mumbai. Capacity: 500 kg/h to 1 tonne/hour.
India has installed over 100 GW of solar capacity — the world's 3rd largest. Panels last 25–30 years. The first generation is reaching end-of-life, creating thousands of tonnes of waste annually. By 2050, IRENA estimates 4.4 million tonnes of cumulative PV waste. There is no automated recycling solution in the country.
The opportunity is immediate, not regulatory. Silver recovered from one tonne of pre-2015 panels (₹2,00,000 at conservative pricing) exceeds total acquisition and processing cost (₹99,765). Regulation is a bonus — not a prerequisite.
Automated mechanical separation followed by hydrometallurgical silver extraction. No thermal treatment. No combustion emissions.
Panels received, weighed, and tested via handheld XRF to estimate silver content. Lots below 0.7 kg/T silver are rejected.
3D scanning identifies J-box position. Automated blade system removes single and triple configurations. Panels 1000–2400mm × 800–1300mm.
Servo-driven hydraulic system separates frames from all standard sizes. Frames conveyed to scrap bin for direct sale.
Infrared-heated milling cutters separate front glass from EVA laminate. 3-layer vibrating screen classifies glass by particle size.
De-glassed laminate (EVA + silicon cells + copper ribbons + backsheet) fed into single-shaft shredder. Output: 3–5cm pieces.
Shredded material ground to ~20 mesh powder via water-cooled grinder, liberating metal particles from plastic/silicon matrix.
Airflow separator recovers 95–98% of metals. Double-roller electrostatic separator performs final metal/plastic split. Copper purity >95%.
Silicon powder enters 3×1000L HNO₃ reactors → filter press → NaCl precipitation → borosilicate reduction kettle. Output: 99.9% pure silver.
Revenue at conservative base-case pricing. Silver at ₹2,00,000/kg (current market: ~₹2,50,000–2,60,000/kg).
Silver must fall 66% from current levels (₹2,60,000 → ₹85,000/kg) to reach breakeven.
9,500 sqft leased industrial shed. Selected for port proximity, buyer network, and regulatory infrastructure.
MSc Marketing from Brunel University London. Solar sector background in sales, marketing, and project development. Director of Xpogen Impex Pvt. Ltd., a registered company in Badlapur, Maharashtra.
Led technology evaluation across Chinese and European equipment manufacturers (Guanma, SUNY/Henan Honest, Ecoprogetti). Built active feedstock broker relationships across UP, Rajasthan, and Maharashtra. Responsible for technology integration, vendor management, business development, investor relations, and overall project execution.
We're raising ₹10 Crores to build India's first automated solar panel recycling plant. Detailed Project Report available on request. All enquiries treated confidentially.