Homerun Resources has signed a Letter of Intent with Sorg to develop a 1000 tpd solar glass plant in Santa Maria Eterna, Bahia, Brazil.
Homerun said the facility would be Latin America’s first dedicated solar glass manufacturing plant.
Sorg will be the technology provider and supplier of the glass manufacturing and processing equipment for the ‘Solar Glass Project’.
Brian Leeners, CEO of Homerun, said: “Based on how well these groups have worked together, we have no doubt that the Homerun Solar Glass Plant will be built to the highest standards with the latest technologies.”
“I am personally excited to see the turn of that first shovel to start building Latin America’s first and only solar glass plant.”
The Solar Glass Project will include an electric boosting system for improving energy efficiency and carbon footprint reduction.
The production process will also deliver antimony-free solar glass.
Homerun’s responsibility within the project is to capitalise and complete the localised content, including permit planning, civil works, utilities and electric power supplies, as well as the installation work as specified by Sorg.
A binding formal contract between the parties is expected to be signed based on a successful Bankable Feasibility Study (BFS) and completion of project financing.