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 Camacari Industrial Complex nearby Port of Aratu.
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.
LOI signed for solar glass offtake up to 365,000 tons per year.
2 additional LOI’s signed for solar glass offtake for total of a minimum 120,000 tons per year at USD$750/t with Sengi Solar and Balfar Solar
Budgetary offer received from Horn Glass AG CAPEX of EURO 151.5 million for Latin America’s First Solar Glass Manufacturing Facility
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