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Canadian Premium Sand Expands Solar Glass Production

Story Highlights
  • CPS is advancing its Selkirk solar glass project with significant financial backing.
  • The company plans a US facility to meet domestic solar glass demand and leverage incentives.
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Canadian Premium Sand Expands Solar Glass Production

Canadian Premium Sand Inc (TSE:CPS) has released an update.

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Canadian Premium Sand Inc. is advancing its Selkirk solar glass project in Manitoba with significant financial support and is planning a new manufacturing facility in the US to meet growing domestic demand. The US facility aims to leverage the Inflation Reduction Act’s incentives and will be developed with a strategic partner, focusing on cost-efficiency and risk mitigation.

For further insights into TSE:CPS stock, check out TipRanks’ Stock Analysis page.

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