Homerun resources Logo

Instalação de fabricação de vidro solar

Building Latin America’s first dedicated high-efficiency solar glass manufacturing facility to supply the domestic solar industry within Brazil and to meet international demand.

KEY POINTS:

  • 1,000 ton per day capabilities / 365,000 tonnes per year gross capacity.
  • To be built in Belmonte, Bahia, Brazil.
  • China competitive materials and logistical advantage from nearby Homerun silica.
  • Government imposed additional 25% tariffs on solar components imported from China.
  • Government created tax incentives for companies producing and buying domestic supply.
  • Competitive COGS advantage over China (currently 99% of Brazil Solar Glass).

COMPLETED:

  • Hiring of 2 specialized consultants for construction, permitting and feasibility study.
  • Location, production plant engineering and equipment suppliers, market metrics and input cost calculations for the BFS have been completed internally by Homerun management.
  • Utility suppliers and ties into the plant have been identified with infrastructure costs allocated to those utilities. Other raw materials supply has been identified and priced into the internal economic model.
  • 3 LOI’s signed for solar glass off-take for total of a minimum 300,000 tons per year at USD$750/t with Sengi Solar, Balfar Solar and Brasil Fotovoltaico Ltda.
  • 2 Competitive budgetary offers received from Horn Glass AG and GS Engineering GmbH with identified CAPEX of EURO 150 – 151.5 million for Latin America’s First Solar Glass Manufacturing Facility

IN PROCESS:

  • Permitting for development
  • Bankable feasibility study underway
  • Financing and construction
  • Targeting production in 2027.

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

How will the glass be transported?

The solar glass will be sold FOB (Free On Board) the plant in Belmonte, Brazil. Once goods are on board, risk and costs transfer to the buyer, who becomes responsible for marine freight, insurance, unloading, import clearance, and onward carriage.

pt_BRPortuguese
en_USEnglish pt_BRPortuguese