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Market One: Homerun Resources Advances Bankable Feasibility Study for Brazil's First Dedicated Solar Glass Plant

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Homerun Resources (OTCQB:HMRFF) reviewed its Bankable Feasibility Study for a proposed 1,000-tonne-per-day solar glass plant in Belmonte, Bahia, Brazil. The study outlines a base-case NPV of USD$670 million, an IRR of 20.2%, and letters of intent for about 380,000 t/year versus projected capacity of 288,300 t/year.

The project targets domestically produced solar pattern glass for Brazil’s solar market, where there is currently no domestic solar glass producer. Homerun controls a high-purity, low-iron silica resource in Belmonte that supports the project’s projected economics and antimony-free product positioning.

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AI-generated analysis. Not financial advice.

Positive

  • Bankable Feasibility Study shows base-case NPV of USD$670 million
  • Internal rate of return estimated at 20.2% for proposed plant
  • Letters of intent for ~380,000 tonnes/year exceed capacity of 288,300 t
  • Proposed 1,000 t/day plant targets Brazil’s solar market with no domestic producer
  • Control of high-purity, low-iron silica resource supporting project economics

Negative

  • Solar glass project remains at Bankable Feasibility Study stage, not yet built

News Market Reaction – HMRFF

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-1.55% News Effect

On the day this news was published, HMRFF declined 1.55%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Market One ("Market One"), a marketing agency for public companies, shares editorial and video features on emerging growth stories across the resource, energy, and technology sectors.

Market One delivers content creation and distribution through a suite of products across video, editorial, and social media.

Homerun Resources Inc.: Completing a Bankable Feasibility Study for What Is Intended to Be the First Dedicated Solar Glass Manufacturing Plant in the Americas

Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) (FSE: 5ZE) (BDR: HMRN31) (the "Company" or "Homerun") reviewed its Bankable Feasibility Study for a proposed 1,000-tonne-per-day solar glass manufacturing facility in Belmonte, Bahia, Brazil, including a base-case net present value of USD$670 million, an internal rate of return of 20.2%, and letters of intent for approximately 380,000 tonnes per year against projected plant capacity of 288,300 tonnes.

The article examines Homerun's first-mover positioning as the proposed supplier of domestically produced solar pattern glass to Brazil's solar market, against the backdrop of Brazil's status as Latin America's largest solar market with no domestic solar glass producer. The Company controls a high-purity, low-iron silica resource in Belmonte, Bahia that underpins the plant's projected economics and antimony-free product positioning.

To read the full article, please visit Benzinga at: https://www.benzinga.com/partner/markets/26/05/52688606/homerun-moves-from-blueprint-to-bankable-with-670m-solar-glass-thesis.

About Homerun Resources

Homerun is building the silica-powered backbone of the energy transition across four focused verticals: Silica, Solar, Energy Storage, and Energy Solutions. Anchored by a unique high-purity low-iron silica resource in Bahia, Brazil, Homerun transforms raw silica into essential products and technologies that accelerate clean power adoption and deliver durable shareholder value.

  • ⁠Silica: Secure supply and processing of high-purity low-iron silica for mission-critical applications, enabling premium solar glass and advanced energy materials.
  • Solar: Development of Latin America's first dedicated 1,000 tonne per day high-efficiency solar glass plant and the commercialization of antimony-free solar glass designed for next-generation photovoltaic performance.
  • Energy Storage: Advancement of long-duration, silica-based thermal storage systems and related technologies to decarbonize industrial heat and unlock grid flexibility.
  • Energy Solutions: AI-enabled energy management, control systems, and turnkey electrification solutions that reduce costs and optimize renewable generation for commercial and industrial customers.

With disciplined execution, strategic partnerships, and an unwavering commitment to best-in-class ESG practices, Homerun is focused on converting milestones into markets-creating a scalable, vertically integrated platform for clean energy manufacturing in the Americas.

To learn more about Homerun, visit their website here.
For the latest updates, follow Homerun on social media: LinkedIn, X, Facebook, and YouTube.

For further information contact:

Brian Leeners, CEO & Director
brianleeners@gmail.com / +1 604-862-4184 (WhatsApp)

Tyler Muir, Investor Relations
info@homerunresources.com / +1 306-690-8886 (WhatsApp)

About Market One

Market One is a Canadian marketing agency for public companies, delivering best-in-class content creation and distribution. The firm helps position companies for meaningful engagement through a suite of products across video, editorial, and social media. Clients benefit from increased visibility and strengthened awareness through Market One's content and relationships with industry-leading media outlets.

To learn more about Market One, visit its website.

Contact: Kathleen Estanislao kathleen@marketone.ca or +1 (604)-787-2054.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298211

FAQ

What did Homerun Resources (HMRFF) announce about its Brazil solar glass plant on May 20, 2026?

Homerun Resources reviewed a Bankable Feasibility Study for a proposed solar glass plant in Belmonte, Bahia. According to Homerun Resources, the project is designed for 1,000 tonnes per day of capacity targeting Brazil’s growing solar market.

What are the NPV and IRR figures for Homerun Resources’ (HMRFF) proposed solar glass plant?

The Bankable Feasibility Study outlines a base-case NPV of USD$670 million and an IRR of 20.2%. According to Homerun Resources, these figures support the economic potential of the proposed Belmonte, Bahia solar glass facility.

How much of Homerun Resources’ (HMRFF) proposed solar glass plant capacity is covered by letters of intent?

Letters of intent total about 380,000 tonnes per year, exceeding projected plant capacity of 288,300 tonnes. According to Homerun Resources, this indicates interest in offtake for the planned solar pattern glass output.

Why is Homerun Resources’ (HMRFF) Brazil solar glass project considered a first-mover opportunity?

The project aims to supply domestically produced solar pattern glass to Brazil’s solar market, which currently has no domestic solar glass producer. According to Homerun Resources, this positioning could address local supply needs in Latin America’s largest solar market.

What resource underpins Homerun Resources’ (HMRFF) proposed solar glass plant economics?

The project is backed by a high-purity, low-iron silica resource in Belmonte, Bahia. According to Homerun Resources, this resource supports the plant’s projected economics and an antimony-free solar glass product positioning.

Where will Homerun Resources’ (HMRFF) proposed solar glass plant be located and what is its planned capacity?

The plant is planned for Belmonte, in Bahia, Brazil, with 1,000 tonnes-per-day capacity. According to Homerun Resources, projected annual capacity is about 288,300 tonnes of solar pattern glass for Brazil’s solar industry.