5N Plus granted US$500,000 in funding for Wisconsin plant

October 20, 2010
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5N Plus Corp was given US$500,000 in funding from the State Energy Program of Wisconsin, which will go towards purchasing equipment for the facilitation of the plants solar module recycling and creation of new jobs in DeForest, Wisconsin. The 60,500 square foot facility has a US$4 million investment behind it and is expected to be operational in the next few weeks. Along with its recycling capability, it will also be manufacturing specialty compounds for thin-film PV applications.

Nicholas Audet, VP of 5N Plus, said, “This new facility is an important milestone for 5N Plus as it expands its footprint in the United States. The DeForest plant enables us to recycle solar panels and to provide cradle-to-cradle solutions to the PV industry. We are thankful to the State Energy Program of Wisconsin for their support of 5N Plus Corp.”

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