Heliogen announces joint development deal with Omanor, no terms

Heliogen announced a joint development agreement with Omanor, a real estate developer of logistics & energy infrastructure assets, and provider of permitting and off-take services for renewable energy projects in the states of Baja California Norte and Sonora, Mexico. The agreement includes developing a concentrating solar power plant leveraging Heliogen’s technology. Heliogen and Omanor are progressing through the first of four phases, which evaluates an existing zoned and permitted piece of land in Sonora, Mexico to host the first project. Upon completion of Phase 1, cost analyses and feasibility studies specific to sizing and generation capacity will commence. Omanor will support Heliogen in preliminary site due diligence and identifying and securing initial commercial energy customers.