St. Petersburg, FL (September 29, 2024) – Revive PV, a pioneering company in photovoltaic (PV) module remanufacturing, announces that Mark IV Capital, a leader in innovative real estate and venture investing, and two of its affiliates have committed to investing $1.3 million in Revive PV. The capital investment will support the development and expansion of Revive PV’s solar module health verification and coating processes, which are designed to extend the lifecycle of existing solar modules and promote sustainability within the solar industry. 

“Revive PV has a strong commitment to sustainability and innovation that resonates with Mark IV’s own values,” says Michael Beaudoin, President of Private Equities at Mark IV Capital. “As our firm builds in the path of progress, we are dedicated to supporting technology like Revive PV’s solar modules, which has the potential to make a meaningful impact in the solar industry by extending the life of PV modules and reducing waste. This would dramatically impact real estate investment and development as well as private equity investment for many years to come.” 

Revive PV’s advanced remanufacturing techniques address the growing need for environmentally conscious solutions in the renewable energy sector. By refurbishing and reconditioning PV modules that would otherwise be decommissioned, Revive PV is not only preserving valuable resources but also reducing the environmental impact associated with solar module disposal. The company’s innovative processes align with the broader industry goals of enhancing the circular economy and promoting long-term sustainability. 

The investment by Mark IV Capital and its affiliates, solar investors Clay Biddinger and Al Nagy, will be instrumental in accelerating the deployment of Revive PV’s technology, enabling the company to expand its capabilities and reach more markets. The funding will specifically support the enhancement of Revive PV’s health verification processes, which ensure the reliability and performance of remanufactured modules, as well as the development of advanced coating solutions that protect and extend the operational life of these modules. 

The collaboration between Mark IV Capital and Revive PV underscores the importance of investing in technologies that foster sustainable development and contribute to the global transition to clean energy. By supporting companies like Revive PV, Mark IV Capital and the additional investors are playing a vital role in advancing solutions that align with the future of renewable energy. 

About Revive PV: 

Revive PV (revivepv.com) is a leader in photovoltaic module remanufacturing, offering cutting-edge solutions that extend the life of solar technology. The company’s innovative processes for health verification and protective coatings are designed to enhance the performance and durability of PV modules, promoting sustainability within the solar industry. 

 About Mark IV Capital: 

Mark IV Capital  (markiv.com) is a privately held real estate and private equity investment firm headquartered in Newport Beach, California. The company is dedicated to creating long-term value through strategic investments in real estate, technology, and other growth-oriented sectors. Mark IV Capital’s disciplined approach to investment and development is guided by a commitment to excellence, innovation, and sustainability.