|
|
|
|
|
|
Financial Responsibility |
| Consistent with the philosophy of extended producer responsibility, the financing structure of First Solar's prefunded module collection and recycling program is designed to provide assurance that funds will be available for module collection and recycling at any time anyone chooses to dispose of First Solar modules. First Solar sets aside sufficient funds at the time of each module sale to meet the estimated future collection and recycling costs of modules at the end of their useful life. The only requirement for those wishing to dispose of First Solar modules is to dismantle and package the modules in accordance with First Solar's instructions. By making collection convenient and at no additional cost, First Solar is working to encourage the maximum amount of user participation. |
|
|
Assurance of Funds |
To ensure the funds are available regardless of First Solar's financial status, a trust structure has been established; these funds are put into custodial accounts in the name of a Trustee. Only the Trustee can distribute funds from the custodial accounts and these funds cannot be accessed for any purpose other than for administering module collection and recycling, either by First Solar or a third party executing the collection and recycling services. To provide further assurance that sufficient funds will be available, First Solar's Module Collection and Recycling Program, including the financing arrangement, is audited annually by an independent third-party auditor.
A product life cycle management approach, combined with First Solar's cost-effective solar solutions and its innovative collection and recycling program serve as an industry model for creating sustainable energy solutions. |
|
|
|
|
|
|
Recycling Program |
|
|
| First Solar established the industry's first comprehensive, prefunded module collection and recycling program to encourage the recovery and reuse of materials. |
|
 Recycling Program |
|
|
|
|
|
|
Life Cycle |
|
|
| First Solar takes into account the entire life cycle of our operations from raw material sourcing through end-of-life collection and recycling. |
|
| Life Cycle Management |
|
|
|
