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.
Whoa. Let’s take a step back. Is it really either A or B?
You could on the side of the morons, those incapable of any level of critical thinking, like the author of the meme here.
The United States seems set on propelling itself backwards.
Maybe, as they say, “Hell has a special place reserved in it” for people like Thom Tillis, Republican Senator from North Carolina, who enabled Trump to rape and destroy the United States.
That was until it became clear to Tillis that he could jump ship, write a scathing book about the president, get all over mainstream news promoting it, and go on to enjoy another chapter of political success.
That we Americans are so stupid that we accept this blatant hypocrisy and criminality is sad proof that we’re not the people we were 20 years ago. Maybe what many people are saying are correct: we deserved what we got.
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