Canadian Premium Sand (CPS) has provided an operational update for both its pattern solar glass manufacturing facility in Selkirk, Manitoba, as well as its plans for a pattern solar glass manufacturing facility in the United States.
To advance the previously announced $272 million in support for the Selkirk project, the company has submitted the application for $100 million in non-dilutive financial support and is now entering the due diligence phase. It is working on formalizing elements of the $72 million in financial support from the Province of Manitoba and has held discussions with Manitoba-based indigenous groups related to their participation in the project of $100 million utilizing the federal Indigenous Loan Guarantee Program.
In the U.S., the company evaluated sites with existing and under-utilized buildings, utility supply, logistics infrastructure and environmental permits to support a domestic pattern solar glass manufacturing operation. It selected a site meeting these criteria.
The company is currently preparing plans to repurpose a former glass manufacturing facility in the U.S. to produce 4 GW per year of solar glass and is advancing discussions with a potential strategic glass manufacturing partner to jointly develop this site.
“Establishing 10 GW supply of both low-carbon and U.S. manufactured ultra clear pattern solar glass aligns CPS with the supply chain goals of our North American customers,” says Glenn Leroux, president and CEO of CPS. “Alignment with a strategic glass manufacturing partner supports the execution of our North American strategy and vision.”
The post CPS Seeks Support for Manitoba Facility, Plans Stateside Manufacturing appeared first on Solar Industry.
CPS Seeks Support for Manitoba Facility, Plans Stateside Manufacturing
I’m not a financial pro, but here’s some advice:
Don’t live on a budget. Make a lot of money and live far beneath your means. What value does luxury actually bring to your life, especially if it makes you nervous about running out of cash?
As I told my kids when they were growing up, “Unless you’re completely shallow, showing off your money is an idiotic thing to do. You make false friends and have people glomming onto you to sell you stuff you really don’t need.”
Warren Buffett still lives in a modest house in Nebraska, a state in which he could buy an entire country. Maybe there is something about him and his values that could benefit you.
I see.
There’s not enough land in Spain to support rooftop and ground-mounted solar at a fraction of the cost.
LOL.
It’s possible that right now, there are other civilizations observing the human race, studying us from afar, and noticing our decline into savagery and eventual extinction by turning billionaires into trillionaires.
People say that the principal weakness of human beings is that we can’t plan for the future as a species. Dogs are arguably even worse, though they aren’t consumed with greed. They don’t plot the starvation of millions of other dogs so they themselves can have enough food to last a billion years.
As an elderly man, I’ll be leaving this planet soon, but I won’t cease pondering this until my heart stops beating.
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