Latin America's First 1,000 tpd Solar-Glass Plant

Leveraging our ultra-pure silica to slash logistics and operational costs, eliminate Antimony use and beat imported glass on both price and ESG metrics

 

Key Performance Metrics

365,000

t/yr

Annual Capacity

≥300,000

t/yr @ US $750/t

Offtake Commitments

25%

duty protection

Tariff Advantage

Q1 2026

estimated

BFS Completion

2028

target

Production Start

Brazil's Solar Glass Opportunity

Brazil stands as one of the world’s largest solar markets, with 55 GW capacity as of March 2025 and a robust 23% CAGR forecast through 2028. Despite this massive growth, 99% of solar glass is still imported, creating a strategic gap that Homerun is uniquely positioned to fill.

 

55 GW

Brazil Capacity (March 2025)

23%

CAGR Through 2028

99%

Currently Imported

~176,172 MW

Latin America Pre-Construction

Competitive Advantages

Extremely low-iron silica sand resources facilitating ultra clear & high efficiency solar glass

2 specialized and experienced consultants advancing development of glass plant

BNDES & Finep selected Homerun to receive funding for development of solar glass plant

Technology leadership through world-class partnerships

First-mover positioning in Latin America’s energy transition to offer great tax incentives

Transforming Brazil's Solar Supply Chain

By combining the world’s cleanest silica with a best-in-class solar glass line, Homerun will deliver high-transmission, low-carbon solar glass that underpins Brazil’s energy-sovereignty agenda and unlocks regional export potential.

Antimony-Free from Day 1

Our low-iron silica resource and furnace design eliminates the use of Antimony completely, meeting tightening EU/US health regulations and cutting OPEX

Global Leader

Integrated Logistics

Plant and quarry share a fence line, avoiding 300 km+ trucking that burdens competitors

300+ km Cost Avoidance

Government Incentives

Import-tax reintroduction plus domestic-manufacturing credits enhance project IRR

Enhanced IRR

Scalable Demand

Ongoing talks could lift contracted offtake to 450 kt/yr, exceeding modeled capacity

450 kt/yr Potential

Frequently Asked Questions:

What is the production capacity of Homerun’s solar glass plant?

The facility is designed for 1,000 tonnes per day, totaling roughly 365,000 tonnes per year, making it Latin America’s first large-scale dedicated solar glass plant.

What strategic advantages does the Belmonte location offer?

The plant will be located beside high purity, low-iron silica sand resources owned by Homerun, reducing input costs and logistics, and ensuring consistent supply of premium feedstock for solar glass manufacturing

How does the plant’s output compare to market demand?

Secured offtake agreements already exceed 300,000 tonnes annually and are expected to surpass plant capacity, reflecting high market demand and solid revenue visibility from leading Brazilian solar module manufacturers

What are the cost and funding requirements for the project?

The solar glass manufacturing budget is estimated at €150 million, with additional funds for construction and utilities. Homerun is engaging with international financial syndicates for capital funding including discussions with the industrial development bank of the Brazil Government (BNDES) where Homerun has recently received a Joint Support Plan for funding.

How does Homerun mitigate risks of foreign competition?

Brazil recently imposed a 25% tariff on imported Chinese solar components, including glass, and expanded tax incentives for domestic supply, protecting Homerun’s pricing power and profitability

Is the project environmentally sustainable?

The plant will incorporate advanced energy-efficient systems and flue gas treatment for low emissions. Natural gas will be used as the primary energy source, with additional measures for environmental compliance.

What community and economic benefits will the plant provide?

Homerun expects to create up to 500 direct jobs, 2,800 indirect jobs, and 1,000 temporary jobs during construction, plus technical training programs and regional infrastructure upgrades

Are there any government incentives or support?

A Memorandum of Understanding secures land donation from the municipal government, expedited permitting, dedicated natural gas supply, and substantial tax incentives for Homerun’s projects in Bahia

How does Homerun’s vertical integration benefit investors?

Owning both the raw silica resource and glass manufacturing allows for cost control, reduced supply chain risks, and enhanced margins, positioning Homerun as a market leader in Brazil’s surging solar sector

What is significant about being Antimony free?

By starting operations with zero added antimony, Homerun delivers market-leading solar glass ready for a true circular economy, easier to recycle, safer for workers, and compliant with the toughest international guidelines

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