Rosi secures over €20 million Series B financing for solar panel recycling plant in Teruel

Rosi, a French cleantech company specializing in end-of-life solar panel recycling, secured over €20 million in Series B financing to accelerate its growth phase, including the construction of a new 10,000-tonne-per-year recycling plant in Teruel, Spain. The financing round included new international investors alongside historical shareholders such as InnoEnergy, CMA CGM, the European Innovation Council (EIC), and Spanish family office G3T, with Finadvice acting as financial advisor and investor alongside Swiss and Polish family offices. The Teruel facility will employ an integrated, highly automated pyrolysis-based process to recover high-purity materials including silver, silicon, copper, aluminum, and glass from decommissioned photovoltaic modules. Rosi leverages experience from its existing Rosi Alpes plant in France, where it was selected by Soren—France’s authorized PV panel collection and treatment entity—alongside five other operators to process over 45,000 tonnes of solar modules annually across the country. The company also operates in the UK, Germany, and Switzerland through partnerships with Sens ERecycling, positioning itself as a key player in Europe’s circular economy for solar technology. The financing is part of the INSPIRE-PV project, supported by the European Climate, Infrastructure and Environment Executive Agency (CINEA) under the European Innovation Fund, aimed at industrializing Rosi’s recycling solutions at scale.

Counterparts (6)

Investor

European Innovation Council (EIC)

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The European Innovation Council (EIC) is an initiative of the European Commission, providing grants, equity, and blended finance to deep-tech and disruptive innovators across EU Member States and Horizon Europe associated countries. It has invested over €1.2 billion in more than 160 companies, focusing on technologies relevant to energy transition, digital infrastructure, and sustainable transport.

CMA CGM

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CMA CGM is a global leader in shipping and logistics. While primarily focused on maritime transport, the company is increasingly involved in infrastructure projects related to ports, logistics, and potentially energy transition through its logistics and transportation activities.

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G3T

company · 1 deals

InnoEnergy

company · 1 deals

Clean energy investment and innovation accelerator supporting early-stage clean tech startups and industrial ventures across Europe, with a focus on batteries, solar, hydrogen, and energy storage. Founded in 2010 as an EIT Knowledge and Innovation Community, it has supported over 540 companies and raised €35B+ for portfolio firms.

advisor

Finadvice

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borrower

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ROSI

company · 1 deals