Homerun Resources: Expanded solar glass offtake aligns with Brazil’s rapidly growing solar market
Today, Homerun Resources Inc. announced an amendment to its previously disclosed non-binding offtake arrangement with Brazilian photovoltaic module manufacturer Sengi Solar Importação e Exportação Indústria e Comércio, under which the anticipated supply of solar glass has been substantially increased. The amended terms raise the minimum annual volume from 20,000 to 100,000 tonnes, while maintaining the agreed price of 750 USD per tonne, free on board (FOB), at Homerun’s planned solar glass manufacturing facility in Belmonte, Bahia, Brazil.
Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).
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