Sino-Platinum Metals (SHA:600459) subsidiary Guizhou Research Resources (Yimen) will invest about 104 million yuan for a recycling plant for decommissioned photovoltaic modules, according to a Friday disclosure to the Shanghai bourse.
Of the amount, 74.7 million yuan will be allocated for construction within an area of 9,030 square meters while 28.3 million yuan will go to working capital.
The project will have a yearly capacity of 15,000 tons per year of decommissioned solar modules and 5,000 tons of purchased solar cells