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Photovoltaic

SANYO is the first to sign the PV CYCLE Participation Contract

Leading PV Manufacturer shows further loyalty to its Corporate Commitment to Sustainability

Munich, August 2nd, 2010 - SANYO Component Europe GmbH is pleased to announce that it is the first manufacturer to sign a binding participation agreement with PV CYCLE. PV CYCLE has been set up to establish an organizational structure for common collection and recycling of end of life photovoltaic modules. The organization currently has 107 members that together represent more than 85% of the European photovoltaic’s market. Panasonic is the first member to sign the PV CYCLE Participation Contract. This contract is a legally binding form to contribute a share to the financing of the scheme, thereby ensuring reliable funding of the collection and recycling operation.