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Brazil is the largest solar market outside of China with 1 GW of current capacity versus 15-20 GW of annualized demand. Homerun recognized a unique opportunity to pioneer Latin America’s first 365,000 ton per year solar glass manufacturing facility in the Camacari Industrial Complex near the port of Aratu.
Homerun is at the forefront of revolutionizing the solar industry in Brazil by harnessing the power of our high purity quartz silica sand resources nearby the build of our plant greatly reducing logistics costs. We will specialize in the processing of this exceptional material to manufacture solar grade glass and components that meet the stringent requirements of the solar energy sector. With a strong commitment to quality, innovation, and sustainability, we aim to drive the global adoption of solar energy by providing superior materials to solar panel manufacturers worldwide.
The Brazil government recently imposed 25% tariffs on the import of Chinese made solar components including glass. At the same time, the government enhanced tax incentives for companies retaining domestic supply in the solar sector. This places Homerun in an extremely advantageous position.
These applications highlight the versatile role that silica sand plays in various aspects of solar energy production and utilization. Its properties make it indispensable in the development of efficient and sustainable solar technologies.
The global solar power market is projected to grow from $234.86 billion in 2022 to $373.84 billion by 2029, at a CAGR of 6.9% in forecast period, 2022-2029
Read More: https://www.fortunebusinessinsights.com/industry-reports/solar-power-market-100764
Silica sand is used in the production of photovoltaic (PV) solar panels. It is a primary component in the creation of silicon wafers, which form the basis of solar cells. High-purity silica is required to ensure efficient solar energy conversion.
Silica sand is a key ingredient in the production of solar glass used in photovoltaic panels. Solar glass needs to have specific optical and thermal properties to maximize light transmission and enhance energy efficiency.
Silica sand is a source of silicon, a crucial material in the manufacturing of solar cells. Silicon ingots are grown from highly purified silicon, which is obtained from silica sand through processes like metallurgical refining and chemical purification.
Silica sand is used in some types of solar thermal systems. In concentrated solar power (CSP) technology, silica sand is used as a heat-transfer medium and as a storage material for storing and releasing thermal energy.
In CSP systems, where mirrors concentrate sunlight onto a central receiver, silica-based coatings are applied to the mirrors to enhance their reflectivity and durability. These coatings often contain silica nanoparticles.
Silica is a primary source of silicon, a critical material in semiconductor manufacturing. While not directly part of solar transformation, silicon-based semiconductors are fundamental components in electronic devices, including those used in solar power systems.
Silica-based materials are used in the encapsulation of solar cells. These materials provide protection against environmental factors like moisture, UV radiation, and temperature fluctuations.
In some solar applications, such as solar water heaters and solar cookers, silica-based reflective coatings are used to enhance the efficiency of reflecting sunlight onto a target area.
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