Homerun Resources potential Brazilian float glass manufacturer…

Homerun Resources is considering a partnership with Brazil’s largest float glass manufacturer.

Cebrace Cristal Plano Ltda (Cebrace), a joint venture between Saint-Gobain and NSG Group, will carry out a Memorandum of Understanding (MOU) with the company.

The MOU will evaluate a potential commercial relationship between the two companies where Cebrace would support the development of Homerun’s solar glass manufacturing facility in Bahia, Brazil.

If the partnership occurred, Cebrace would supply solar module back glass that would be integrated into Homerun’s solar solutions, and provide advice on the development, implementation and operation of Homerun’s proposed facility.

Solar glass facility

Homerun’s previous bankable feasibility study considered two front glass production lines, one back glass production line and one hybrid production line.

If the two companies agreed to a partnership, Homerun would have the opportunity to reconfigure the solar glass manufacturing facility to three front glass production lines and one hybrid line.

Front glass represents the highest-value and highest-margin product within the planned production from the solar glass manufacturing facility.

Increasing front glass production capacity would further enhance the economics outlined in the company’s bankable feasibility study, with Cebrace supplying the back glass into the Homerun solar glass solutions.

Brian Leeners, Chief Executive Officer of Homerun Resources, said: “This MOU represents much more than an obvious economically beneficial supply relationship.

“It is an opportunity to combine Homerun’s unique high-purity silica resources with the decades of technical expertise, operating experience and industrial leadership of Brazil’s largest float glass manufacturer.

“The willingness of Cebrace to evaluate a strategic supply relationship with Homerun is a meaningful validation of our strategic vision.

“As we systematically advance financing, engineering, permitting, government and commercial partnerships, we continue to execute on risk reduction while strengthening the long-term competitiveness of our vertically integrated solar glass platform with strong local supply chain alignment and exceptional technical depth.

“We look forward to the culmination of the MOU process in a successful commercial partnership.”