TOYO has agreed, via its subsidiary TOYO Solar, to acquire 100% interest in Solar Plus Technology Texas, located in the Houston metropolitan area.
The company has leased a 567,140 square-foot facility which is being planned to accommodate 2.5 GW of solar module manufacturing capacity, with a further 6.5 GW expansion planned by 2029. The factory construction of Phase 1 of the facility has been completed, and a portion of the required equipment is set to arrive by next year.
The facility’s first 1 GW production is expected to commence by next year. Production capacity is expected to be increased to 2.5 GW by the end of 2025.
“This acquisition marks a significant step in TOYO’s strategy to establish a manufacturing footprint in the U.S., complementing our current manufacturing presence in Vietnam and Ethiopia,” says Junsei Ryu, chairman and CEO of TOYO.
“Our strategy is to supply end customers with solar solutions that are technologically advanced, highly reliable, and cost competitive. We are committed to building a robust global solar supply chain structure that efficiently and competitively serves the U.S. market and other regions, adapting to a dynamic policy environment.”
The post TOYO to Acquire Texas Solar Module Manufacturing Facility appeared first on Solar Industry.
For those who struggle with elementary school arithmetic, Trump won the election (50%+ approval) out of more than 150 million votes cast, and now his approval rating is in the low 30s.
That’s ~30 million voters who regret their choices, out of the common American.
Add in the Tucker Carlsons of the world.
Absolutely.
It must be done, because our country is home to some hateful morons who want to see honest, hardworking, taxpaying people with brown skin deported, and their families torn apart.
It wasn’t the American way until recently, but it sure is now.
As shown at left, the United States is loaded with people who twist the facts to their liking.
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