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Canadian Premium Sand Takes Steps in Solar Glass Manufacturing

Canadian Premium Sand Inc. provided an update regarding its development of North America's first vertically integrated patterned solar glass manufacturing facility.

The company has executed multiple commercial off-take agreements; signed a turn-key engineering, procurement and construction agreement; enhanced the executive team and board; and initiated a financing process.

What the company says

"We are excited to have reached this important stage in the development of our integrated solar glass manufacturing project. With strong revenue visibility through binding commercial off-take agreements and a high degree of certainty with capital costs and operational performance through our EPC agreement, we are confident in our ability to commercialize this high-return project, supporting the global energy transition. With our recent additions of industry expertise to the team, we look forward to a successful financing process that capitalizes our project and enables the delivery of our exciting business plan", states President and CEO Glenn Leroux.

Get the full project breakdown