Photovoltaic panels were included in EU Directive as WEEE (Wastes of Electric and Electronic Equipment) requiring the implementation of dedicated collection schemes and end-of-life treatment ensuring targets in terms of recycling rate (80%) and recovery rate (85%). Photovoltaic panels are mainly made up of high-quality solar glass (70–90%), but also metals are present in the frames (Al), the cell (Si), and metallic contacts (Cu and Ag). According to the panel composition, about $72 per 100 kg of panels can be recovered by entirely recycling the panel metal content. The PhotoLife process for the treatment of end-of-life photovoltaic panels was demonstrated at pilot scale to recycle high value glass, Al and Cu scraps. A process upgrade is here reported allowing for polymer separation and Ag and Si recycling. By this advanced PhotoLife process, 82% recycling rate, 94% recovery rate, and 75% recoverable value were attained. Simulations demonstrated the economic feasibility of the process at processing capacity of 30,000 metric ton/y of end-of-life photovoltaic panels.