Canadian Premium Sand has entered right into a second memorandum of understanding (MOU) with a North American photo voltaic panel maker to provide glass for photo voltaic panels. After figuring out a cope with Qcells, CPS now has a second cope with Heliene. CPS will provide its patterned photo voltaic glass from its glass manufacturing facility that’s at the moment being developed in Selkirk, Manitoba.
Along with a facility in Canada, Heliene operates an increasing photo voltaic module meeting plant in Minnesota.
“Following a number of months of progressive discussions and a go to to Heliene’s Mountain Iron services earlier this yr, we’re delighted to now enter into an MOU with Heliene relating to long-term provide of our low-carbon, patterned photo voltaic glass,” said CPS president and CEO Glenn Leroux. “Heliene’s anticipated glass demand in 2024 displays over 40% of our manufacturing functionality for Section 1 of our facility. We stay up for working with Heliene as a strategic accomplice and supporting their future progress plans.”
CPS had beforehand said that Qcells’s North American photo voltaic glass demand necessities of over 3 GW of module manufacturing represents over 80% of its deliberate Section 1 manufacturing capability.
Martin Pochtaruk, President of Heliene, feedback, “Amid exploding photo voltaic demand and commerce volatility, our clients search peace of thoughts that they’re receiving the very best high quality, competitively priced photo voltaic modules precisely when and the place they want them. Having CPS provide us with a low-carbon glass, freed from any geopolitical pressures is a gigantic leap ahead in the appropriate route.”
CPS continues to advance different growth initiatives that can convey the photo voltaic glass undertaking to a shovel-ready standing, together with detailed engineering, allowing, silica sand useful resource upgrading and testing and ongoing negotiations to transform different current expressions of curiosity to industrial offtake agreements.
Information merchandise from CPS
