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5/28/2024 Two Taiwanese Green Technology Companies Announce Expansion to Menifee and Temecula, CARead Now![]() EasyCycle Online will be located in the Temecula Valley Entrepreneurs Exchange (TVE2) while PV Circonomy will establish its first U.S. processing facility in Menifee. Temecula, CA – May 28th, 2024 – PV Circonomy and EasyCycle Online, two Taiwanese green technology companies, announced plans to develop their first U.S. processing facility and office in Southwest Riverside County. EasyCycle Online has created an innovative AI-driven software that, when paired with the advanced solar panel recycling hardware of PV Circonomy, will bring a new industry to the United States. PV Circonomy CEO Dr. Andrew Hung expressed his excitement about the announcement. “PV Circonomy’s mission toward a circular economy will not only benefit local communities and California, but throughout the United States. “PV Circonomy’s automated solar recycling process recovers 99% of solar panel materials without using chemicals, water, or creating high carbon emissions, which paves the way for a truly sustainable solar recycling economy. “We chose our location in Menifee, California in part because of the concentration of the solar economy in the United States, but also due to the resources and assistance that was provided to us. It is clear that it’s a community ready to welcome new businesses.” TSGC is the Taiwan-based parent company of PV Circonomy. TSGC co-founder Dr. Yaw-Shyan Fu shared more about the opportunities of this new technology. “There are thousands of different types of solar panels in use around the world, making recycling very difficult. The collaborative efforts of our team with organizations in Asia, Europe, and the U.S., in combination with our innovative technology that utilizes AI, opens up numerous academic opportunities to improve the circularity of the solar industry.” EasyCycle Online will initially be located at the Temecula Valley Entrepreneurs Exchange (TVE2), establishing its office location while PV Circonomy sets up its first U.S.-based processing location in Menifee. In addition to their manufacturing presence in the region, they are fostering research and development partnerships with the University of California, Riverside. EasyCycle Online CEO Vincent Cheng elaborated on their role in this project: “EasyCycle Online represents the customer-facing software component of solar decommissioning. Our aim is to make the process easy for both residential solar users and industrial-scale users to decommission their panels in an environmentally responsible way. The City of Temecula and the EDC have been incredibly helpful to us in establishing new roots here in California.” Rodolfo Torres, Vice Chancellor for Research and Economic Development at the University of California, Riverside, shared his thoughts on the project: “UC Riverside, in partnership with the Economic Development Coalition and other agencies in Riverside County, will leverage our strong research foundation to innovate and collaborate with PV Circonomy and EasyCycle Online. Together, we're accelerating green technology, fostering growth, and contributing to the region's entrepreneurial ecosystem. With a focus on sustainability and innovation, our research will drive breakthroughs in renewable energy and environmental conservation. Through our SoCal OASIS™ initiative, UC Riverside is strongly committed to continuing collaboration with our regional partners to attract more companies to Inland Southern California.” “California is leading the way in green technology, and we are excited to welcome both PV Circonomy and EasyCycle Online to Southern California,” said Economic Development Coalition Executive Director Connie Stopher. “The local and statewide partnerships, including the access to talent and university collaborations, were key to the success of this project. The technology they bring to the state and the U.S. will be critical as our solar infrastructure ages and we look to add more renewable energy to the grid.” The Economic Development Coalition (EDC) works with communities in the Southwest Riverside region of Southern California to attract new businesses and grow existing industries. Green Technology is one key sector that they have strategically targeted. “The City of Menifee has strategically invested in economic development initiatives such as our Innovation District, which has become a hub for tech companies including PV Circonomy,” said Mayor Bill Zimmerman. “Menifee continues to be a growing destination for major corporations with ample supply to an educated workforce, proximity to major metropolitan areas, and available land opportunities near the interstate.” The TVE2 is a business incubator and regional resource center that fosters business growth and economic vitality for entrepreneurs. Additionally, the TVE2 houses the Inland Empire Small Business Development Center and offices of the EDC. "We are thrilled to welcome EasyCycle Online to the Temecula Valley Entrepreneur's Exchange and commend their groundbreaking software,” remarked Mary Cervantes, Manager of the TVE2. “Their innovative technology is not only revolutionizing the industry but also contributing to a more sustainable future for our community and beyond." For more information about PV Circonomy, visit their website: https://www.tsgc.com.tw/en/home/Recycler#RecyclerIntroSec For more information about EasyCycle Online, visit their website: https://www.easycycle.online/en To learn more about the Economic Development Coalition and the Southwest Riverside County region, please visit us online at www.edcswca.com. About PV Circonomy Founded in Taiwan, PV Circonomy is the U.S. location of TSGC. TSGC’s purpose is to eliminate the environmental impact of EOL PV’s and benefit the public, and accelerating energy transition toward a better future. TSGC works to solve the current impact of solar recyclability, maximizing the value of the reclaimed materials and helping create a sustainable solar future. About EasyCycle Online, Inc. EasyCycle Online, Inc. is a dynamic startup founded in 2018 in Taiwan, with a primary focus on advancing AI technology and ensuring the utmost in data security and management. This technology is paired with the commitment to driving innovative AI-driven solutions to redefine the landscape of solar panel recycling. About the Economic Development Coalition The Economic Development Coalition is a non-profit organization that works with the public and private sectors throughout Southern California, formed to unite public and private stakeholders to leverage the region’s competitive advantage, attract business, and supporting a high-quality of life. The EDC serves the cities of Lake Elsinore, Wildomar, Menifee, Temecula, and the unincorporated areas of Southwest Riverside County.
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Project Sun AnnouncementWe are honored to finally reveal that Project Sun is made up of two Taiwanese companies, PV Circonomy and EasyCycle. The hardware and software companies are the first of their kind in the United States. Their innovative technology allows for the recycling of up to 99% of the material from solar panels, something that is not possible anywhere else. PV Circonomy will be located in Menifee and EasyCycle will be based out of the TVE2 Building in Temecula. Project Sun is an excellent example of regional collaboration. Thank you to all our community partners who made this recruitment a success. The EDC was introduced to PV Circonomy and EasyCycle less than a year ago at SelectUSA in Washington D.C. After their visit, the companies were impressed not only by the region but also by the services they received at the EDC. Following their visit, they invited our Executive Director, Connie Stopher CEcD, to Taiwan to meet with fellow innovative Taiwanese companies interested in expanding to the US. The past year of collaboration has been fruitful for all parties involved; we look forward to all the future success PV Circonomy and EasyCycle will achieve here. Innovation Month April is Riverside County's Innovation Month. Southwest Riverside County will host a Quick Pitch Competition on Tuesday, April 16th, at the Lake Elsinore Storm Stadium Taproom from 11:00 a.m. to 1:00 p.m. The first-place winner will receive $1,000 and advance to the county pitch competition on April 30th. To apply, fill out this application and email it to [email protected] by Tuesday, April 9th, 2024. Mayor’s Tech Idea ExchangeIt’s time for our next Idea Exchange in partnership with the City of Menifee. We are excited to continue supporting Tech in our region. Join us for our second idea exchange of the year with the City of Menifee Economic Development team on April 16th. The event will take place from 8:30 – 10:30 am at the City of Menifee City Hall and will include breakfast, an array of speakers, and opportunities to network. Our guest speakers will include Doug Kollmyer, an Entrepreneur in Residence at UCR and Scott Brovsky an Angel Investor, start-up mentor, and Associate Director of Regional Engagement at UCR. To attend, register here. DigiFestSupport digital creators at DigiFest. If you’d like to attend this 3-day event with several great speakers, click here. The event will take place on April 19-21. Site Selectors Guild The first week of April, our Executive Director, Connie Stopher CEcD, will be attending Site Selectors Guild Annual Conference in Nashville, TN. Site Selectors Guild is a great place to connect with site selectors from across the country and hear feedback to level up our region. Due to the date of this conference, there will be no EDC board meeting in April, and we will see you on May 2nd for our Next Board meeting. We will be having Chris Gray from WRCOG as our guest speaker. ThriveThank you to everyone who attended our first Thrive Inland SoCal – Southwest Riverside County meeting on Tuesday, March 19th. We identified barriers in our region and discussed different types of solutions. We need all your voices to help create a comprehensive economic development plan for our region. Help us collect more data by filling out this survey and you will receive a $50 visa gift card. If you haven’t signed up for our Thrive meetings, click here . Our next meeting will be on April 16th from 3-5 pm at the Temecula Entrepreneur Exchange building. If you need childcare or a ride to assistance get to the meeting, let us know; support is available. Please contact Connie at [email protected]. April Events at the TVE2Contact UsConnie Stopher, CEcD
Email: [email protected] Office: 951-694-9800 Cell: 951-557-8040 ThriveWe are excited to announce that the EDC will be the Sub-Regional organization for THRIVE Inland-SoCal, a collaborative funded by California Jobs First (formerly known as CERF) to drastically transform communities that have been historically disadvantaged. As our region is growing to be a more technological, sustainable, carbon-neutral future, it is important to prioritize our people. We will be designing new plans and strategies to diversify local economies and develop sustainable industries that create high-quality, broadly accessible jobs for all Californians. We will host monthly meetings on the third Tuesday of every month at TVE2 Building from 3:00-6:00. The first meeting will be March 19th. Zoom options will be available. During these meetings, we will gather insights from organizations and community members. We want to hear from you to make an inclusive economic development plan and have conversations to better understand where you would like to see our region’s economy grow. To learn more and to register to attend, visit our Thrive page: https://www.edcswca.com/thrive.html New Degree OpportunitiesTwo new degree opportunities are now available at Cal State San Marcos. Students now have the opportunity for a bachelor’s degree in Cybersecurity that will be delivered online. Starting this Fall, CSUSM in Temecula will offer a bachelor’s degree in software engineering. It is very exciting to see higher education opportunities expand for our students SoCal Gas GrantsSoCal Gas has announced they have $1 million in Gas Assistance Funds available today to support residential customers. This means eligible customers can apply for up to $200 to pay their SoCal Gas bill. To learn if you are eligible for grants, click here. To see more programs that can help customers save money and energy, visit socalgas.com/Save. Healthcare Idea ExchangeOn February 15th, we hosted the mayor’s Healthcare Idea Exchange in partnership with the City of Menifee Economic Development team. We want to thank our panelists, Mayor Bill Zimmerman, Mayor Pro Tem Deines, Kim Gerrish of Michelle’s Place, Ross Young of Clinical Notes AI, and Dr. Chitra Dorai of Amicus Brain Innovations. Thank you to our lunch sponsors: Rady Children’s Hospital & Loma Linda University Medical Center. Thank you to our annual sponsors: JDS Creative Academy, Brookfield Properties, Southwest Healthcare, Consolidated Contracting, Law Offices of Rosenstein and Rosenstein, and VFW Post 1956 for their continuous support of the EDC. March Events at the ERCMarch Board MeetingThe next board meeting will be held on March 7th at the Temecula Entrepreneur Exchange. We will be having a guest speaker, Paul Aguirre. He is a Field Specialist for the High Road Field Team of the California Workforce Development Board (CWDB). If you’re interested in attending this meeting, please sign up here. Reminder: there will be no April board meeting as the EDC will be attending Site Selector's Guild. TechSouthwestThe next TechSouthwest will take place on Wednesday, March 1th, at 3:30 on Zoom. If you are interested in attending this meeting, sign up here. Community EventsOn Saturday, March 23, 2024, Elsinore Valley Municipal Water District will be hosting their Splash into Spring community event from 9 a.m. to 12 p.m. at the EVMWD headquarters at 31315 Chaney Street in Lake Elsinore. This is a free family event where attendees will learn about the process EVMWD uses every day to treat water in our communities. We are excited for Riverside County Office of Economic Development and the launch of Riverside County Arts & Culture Month. March will be a month-long celebration showcasing all the museums, parks, and cultural centers Riverside County offers. The arts and culture in our region enrich the lives of our communities while contributing to the economic and social vitality in our county. Contact UsConnie Stopher, CEcD
Email: [email protected] Office: 951-694-9800 Cell: 951-557-8040 |
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