Comstock Metals & Virtus Renewables: Scaling Sustainable Solar Recycling

A New Chapter in Circular Energy

Comstock Inc. (NYSE: LODE) continues its transformation from mining legacy to clean energy innovator. Its subsidiary, Comstock Metals, is now advancing U.S.-scale solar panel recycling through a strategic partnership with Virtus Renewables, a renowned provider of renewable energy solutions.

What’s New: Full-Cycle Solar Recycling

Comstock Metals, North America’s first solar panel recycler certified under the R2v3/RIOS zero-waste standard, joins forces with Virtus to deliver a fully integrated recycling, decommissioning, and logistics network tailored for solar markets.
This partnership creates a scalable, zero-landfill lifecycle solution for end-of-life solar assets, recycling everything, from installers to industry-scale infrastructure.

Growing Momentum

Comstock Metals reported $2.31 million in H1 2025 billings and has finalized orders for equipment required to process 3.3 million solar panels per year across its first industrial-scale facility.
Initial facility setup, including permits and equipment deployment in Silver Springs, NV, is underway, targeting full operation by Q1 2026.
The company has raised $30 million in capital, eliminated debt, and now holds over $45 million in combined cash, providing a solid foundation for scaling.

A Silver Stream from Solar Waste

CEO Corrado De Gasperis envisions Comstock Metals becoming a top-three silver producer in Nevada, powered predominantly by silver recovered from recycled solar panels, outpacing traditional silver mining operations in the region.
The strategic use of solar panel waste as an endless “ore” stream offers continuous extraction without depletion, positioning Comstock as a pioneer in circular mining.

Greenberg Perspective

This partnership exemplifies what Greenberg Enterprises values most: real-world sustainability, scalable impact, and strategic execution. Comstock Metals is not just recycling, it’s redefining the solar lifecycle, creating value, and setting new benchmarks in circular materials management.