HPQ Secures $ 5,250,000 in Financing; the PUREVAP™ Process is the Green Solution for the Solar Industry TSX Venture Exchange:HPQ
The PUREVAP™ QRR capability of reducing by 96%1 the carbon footprint associated with the greenhouse gas (GHG) emanating from the production of solar grade silicon metal (SoG Si) presents HPQ with the unique opportunity of being able to resolve the biggest paradox of the solar energy: “It’s not because photovoltaques solar panels do not emit CO2 (GHG) while producing electricity that solar energy is not a significant source of GHG.”2
Rather, seventy percent (70%) of the GHG generated when building a new solar farm3 comes from the production of the Solar Grade Silicon Metal (SoG Si) needed for the fabrication of the solar panels. Manufacturing SoG Si in China, the world largest producer, generates an astounding 141 kg of CO2 per Kg of SoG Si produced. In Germany, that ratio is reduced to 87.7 kg CO2 per Kg of SoG Si produced. Using the PUREVAP™ QRR process in Quebec should only produce 5.4 kg CO2 per Kg de SoG Si produced.1
Using the Hydro-Quebec stated goal of building a new 100 MW solar farm in the province as benchmark, it is easy to demonstrate that if the solar cells needed to build the solar farm are produced in China, it would represent an import of 56,540 tonnes of GHG (CO2) for the Province of Quebec. If the solar cells are produced in Germany, it would represent an import of 35,090 tonnes of CO2 for the Province. However, if the solar cells needed for Hydro-Quebec were produced in Quebec using the PUREVAP™ QRR process, only 2,154 tonnes of CO2 would be produced. 1
Using an SoG Si produced with the PUREVAP™ QRR process, in Qubec, would reduce the CO2 Carbon Footprint of the Hydro-Quebec solar project by 54,336 tonnes, compared to using an SoG Si produced in China, which is the equivalent amount of GHG produced by 11,635 cars operating during one year4.