Boviet Solar Technology Co. Ltd., a Vietnamese solar energy firm, has chosen Greenville, Pitt County, North Carolina, as its inaugural North American production site. This $294 million investment will unfold in two phases, providing 908 skilled jobs. It represents Boviet Solar’s second global manufacturing site, complementing its operations in Vietnam. The facility will produce TOPCon n-type cell-based monofacial and bifacial PV modules for various US sectors. Phase 1 involves repurposing an existing building, while Phase 2 includes constructing a 500,000 to 600,000-square-foot factory on 34 acres for PV cell production, targeting a combined annual output of 2 GW. Operations are slated to begin in Q1 2025.
Boviet Solar to establish production fab in North Carolina
Boviet Solar will invest $294 million in Greenville, NC for its first North American production facility. (Image Credit: Boviet Solar)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)