The Circular Economy

A Circular Economy dictates activities that preserve value in the form of energy, labor, and materials. This means designing for high performance, durability, reuse, remanufacturing, and recycling to keep products, components, and materials circulating in the economy. EMC’s unique business model provides a foundation for designing further Circular Economy into our product.

Circular Economy System

EMC and The
Circular Economy

Starting with a business model that uses 20X less materials and a product that is 99% recyclable, EMC is working toward a Circular Economy compliant model. Our BackbonePV™ product manufacturing has negligible environmental footprint and can be a significant addition to the renewable energy arsenal powering the global decarbonization effort while remaining Circular Economy compliant. 

Highlights of our roadmap to a Circular-compliant company include:

> BackbonePV™ product that is designed for cradle to cradle;
> Using raw material resources that are already cradle to cradle;
> EMC factories that use substantially less power than semiconductor PV module factories and powered with renewable energy;
> Minimal environmental footprint.

We have some work to do as we fit-up our first 4GW GigaSpeed production line, but our Circular Economy foundation, and our commitment to it, is solid. 

Lead Recycling

The Most Efficient and Complete Metal Recycling Stream.

> The current lead recycling rate in North America and Europe is nearly 100 percent.

> 85 percent of lead is used in lead batteries, nearly 100 percent is recovered and recycled.

> All lead produced in the U.S. and 79 percent of lead produced in Europe comes from recycled stock.

> One terawatt of perovskite solar material requires less than 1/10th of 1% of all lead recycled  globally.


While further quantifying is needed, EMC operations will take place within Planetary Boundaries framework. The model was developed by the  Stockholm Resilience Centre and the Australian National University to identify the nine processes that regulate the stability and resilience of the Earth system. The scientists proposed quantitative planetary boundaries within which humanity can continue to develop and thrive for generations to come. Crossing these boundaries increases the risk of generating large-scale abrupt or irreversible environmental changes. The Planetary Boundaries frame is used widely as a precondition for sustainable development programming such as the United Nations Sustainable Development Goals.

EMC’s BackbonePV™ material’s broad applications in the “electrify everything” landscape can directly contribute to the U.N.’s Sustainable Development Goal (SDG) number 7 (Affordable and Abundant Clean Energy) while indirectly contributing large value in six other SDG sectors including 3, 8, 9 11,12,13.

Dave Buemi

Executive Vice President, Business Development

Dave brings over 23 years of broad solar energy industry fervor and experience to EMC. A business development specialist and marketing generalist, he has worked extensively throughout the end-to-end supply chain in both entrepreneurial and corporate settings.

In addition to holding senior mid and upstream positions in the project development and EPC segments, Dave has substantial product bankability establishment experience with start-up and early stage module manufacturing companies.

Previously, he has held positions as Co-founder/Vice President Development, Brightphase Energy, Inc., Vice President, Government Business Development, DayStar Technologies, Inc. (NASDAQ: DSTI), Vice President, Business Development, Empower Energies, LLC., Vice President, Business Development,
Gehrlicher Solar America, Inc/M+W Energy, Senior Director, Business Development, Suniva, Inc., Senior Vice President, Willdan Energy Solutions, Inc. (NASDAQ: WLDN)

Dr. Stephan DeLuca


In his book “A World Lit Only By Fire” the historian William Manchester describes the events that sparked the transition from the Dark Ages to the Renaissance that ultimately enabled the Industrial Revolution. It is ironic that with the vast cultural, political and technological changes over the past 500 years, we are still in a very real sense a world lit mainly, if not only, by fire. With an accelerating climate crisis, we can no longer afford another hundred years of fossil fuel burning to keep the lights on! We must now rely on our capacity to innovate; to build massively scalable renewable energy technologies that eliminate carbon emissions by 2050.

EMC’s innovation capabilities are laser focused on fulfilling the promise of solar energy. The high capital cost and complex value chain of existing silicon solar technology limits the scalability of that technology and the greater solar industry. Our unique business model centers on high-throughput, Roll-to-Roll solar module manufacturing enabled by perovskites. The 95% reduction in capital cost to produce EMC manufacturing facilities and the simplified value chain is efficiently scalable on a global basis. Furthermore, the significantly lower module production cost will allow the PV module industry to continue reducing prices, but at profitable margins and allowing higher margins throughout the downstream supply chain.

We firmly believe this model will deliver terawatt-scale solar energy that will be a significant contribution to the urgent decarbonization effort globally. Our tag line, “Accelerating Electrification”, expresses our energy transition value fully; our team is driven with a single passion of making the solar energy decarbonization pathway a reality in the next thirty years.

Dr. Stephan DeLuca


Drawing on an extensive 30-year background in corporate management, sales & marketing and product engineering, Steve has a spent the last fourteen years relentlessly pursuing low cost, simplified solar module manufacturability.

In 2006 he was recruited as a turn-around CEO for a publicly traded start-up solar thin-film manufacturing company DayStar Technologies (DSTI) where he experienced firsthand the massive capital demand of scaling low throughput PV manufacturing.

Prior to DayStar, he held multiple positions with Inficon and Leybold Inficon over 10 years where he built a new environmental safety and health product business unit, started 5 subsidiaries in Asia while located in Taiwan from 2000-2003 as President of Asia Operations, and initiated a global key account management system as Vice President of Worldwide Sales & Business Development leading to sales growth over 30%.

Steve holds a Ph.D. in Applied Chemistry and a M.S. in Geochemistry from Colorado School of Mines, an MBA from Syracuse University and a B.A. in Chemistry from the University of California, San Diego.

Dr. Tom Tombs


Before joining EMC Tom dedicated 25+ years to invention, technology development and commercialization leadership at Eastman Kodak and NexPress Solutions where he directed R&D and scale-up of highly complex equipment, opto-electronic thin films, software, and materials from invention to product.

He has won 10+ technology and product awards for printing equipment, inks, and high-speed roll-to-roll printed electronics. Tom, an individual and contributing inventor for many of these technologies, holds 106 U.S. patents and several dozen international patents. He is skilled at de-risking product development and efficiently navigating complex interactions that require multi-disciplinary sciences.

Tom holds a Ph.D. in electrical engineering from the University of Rochester and received the CTO Century Award for Extraordinary Achievements in Scientific and Technical Innovation from Kodak.