CnC-Green Si

pending

IFC is partnering with Ventus Engineering, S.A. (“Co-Developer”), to jointly explore the development of a silicon production plant in Uruguay, using renewable raw materials and energy. The production plant would allow for the production of green silicon, with significantly lower carbon emissions per unit of silicon produced than using conventional production technology which utilizes coal and fossil-based energy sources. This first engagement serves to assess the availability of raw materials for the production, and the sustainability of their procurement, from an environmental, social, and economic perspective. In addition, IFC and Co-Developer jointly seek to identify a strategic partner to join the subsequent phases of project development and ultimately start operations.