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TOYO Co., Ltd Secures $150 million Contract to Supply Solar Cells to a Leading Solar Module Manufacturer

Nov 26, 2024over 1 year ago

Contract Type

contract

ShinagawaManufacturingEnergySoftwareArtificial IntelligenceRenewable EnergySaasSolarMachine LearningBiomass Energy

Description

TOYO Co., Ltd has announced the execution of a significant contract valued at $150 million to supply high efficiency solar cells to a prominent solar module manufacturer. The contract will enable TOYO to deliver premium solar cells to enhance the efficiency and performance of solar modules in India and the U.S, leveraging its state-of-the-art manufacturing capabilities and innovative technologies in Vietnam and Ethiopia.

Company Information

Company

TOYO Ltd

Location

Shinagawa, Tokyo, Japan

About

TOYO is a solar solutions company that is committed to becoming a full-service solar solutions provider in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost.

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