The bankrupted company’s rival has offered to recycle solar panels that were deemed hazardous waste last week.
in Tempe, Ariz., said it has approached its one-time opponent with the offer to recover materials from solar panels which caused the company to be in violation of Colorado’s hazardous waste laws, according to the .
just two years after it received $400 million in loan guarantees from the U.S. Department of Energy. The company had used about $70 million of the guarantees.
The says an inspector with the and Environment found 2,000 pallets of unsold solar panels in a Denver warehouse not approved for hazardous waste storage.
"It's going to cost $2.2 million for these panels to be disposed of."
rules can rack up hefty fines – potentially thousands of dollars per violation, per day. But state health officials , according to NCBR reporter Steve Lynn.
"The Health Department wants to make sure that Abound Solar will have the resources, money available to take action to get rid of these panels if it cannot sell them," he said. "It’s going to cost $2.2 million for these panels to be disposed of," Lynn said.
The panels contain cadmium, a potentially cancer-causing metal, although officials say there is no immediate health risk.