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Vancouver, British Columbia—Homerun Resources Inc. (TSXV: HMR) (OTCQB: HMRFF) has announced a strategic collaboration with Igraine PLC to develop and deploy integrated electric vehicle (EV) charging and battery storage solutions in the UK market. The partnership aims to establish a first-mover advantage by providing charging infrastructure for major UK automotive manufacturers.
Under the terms of the agreement, Igraine and Homerun will work together on pilot projects focused on EV charging infrastructure integrated with battery energy storage systems (BESS). The collaboration will initially focus on developing a pilot for one of the UK's largest automotive manufacturers, providing a combined charging and battery storage solution. The key feature of these projects is their rapid deployment, bypassing the lengthy planning timelines typical of large grid-scale installations.
The collaboration will be led by Andy Brown, who brings over 30 years of experience in battery storage and energy systems. The initial phase of the collaboration will concentrate on identifying and developing a pilot site for a major automotive manufacturer, with the parties working jointly on technical feasibility, commercial modelling, and the evaluation of ancillary recurring revenue streams.
The agreement provides a framework for collaboration and does not create any binding financial commitments at this stage. Both companies have been collaborating on planning and customer acquisition for several months. The partnership combines Igraine's commercial network with Homerun Energy's technical capabilities to address growing demand in the UK's commercial EV sector.
Homerun Resources is a vertically integrated materials leader revolutionizing green energy solutions through advanced silica technologies. The company controls the full industrial vertical from raw material extraction to cutting-edge solar, battery, and energy storage solutions. Homerun Energy Solutions is creating down-market pull on its vertically integrated energy transition strategy by controlling the customer relationship.
The collaboration has already identified a pipeline of potential clients seeking to install commercial EV charging stations, positioning Homerun and Igraine at the forefront of enabling the UK's automotive sector to expand its commercial electric vehicle offering.
Reference:
[1] https://www.nasdaq.com/press-release/homerun-collaborates-igraine-plc-launch-rapid-deployment-ev-charging-and-battery
[2] https://www.stocktitan.net/news/HMRFF/homerun-collaborates-with-igraine-plc-to-launch-rapid-deployment-ev-9cnh9ik3np19.html
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