TOYO to add 2 GW solar cell capacity at Ethiopia site

With an investment of $47 million, TOYO Co., Ltd expanded its Ethiopia solar facility to 4 GW, with Phase 2 operations expected to start by August 2025.

By Prudhvi Rani 28 Mar 2025 in Business Bytes EMEA Bytes

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Caption: TOYO leased a 28,000 m² site in Hawassa for Phase 2 and scheduled 2 GW solar cell operations to start in August 2025. Image Credit/Source: Fietzfotoz/Pixabay

Japan-based TOYO Co., Ltd, a solar solutions company, has announced a 2 GW expansion of its solar cell capacity at its Ethiopia facility. This expands upon the completion of its 2 GW Phase 1 site. The expansion aimed to meet global demand for its solar cell products. Phase 1 construction had concluded, with equipment installation and trial runs underway, and production scheduled for early Q2 2025. The additional 2 GW capacity was set to begin construction in April 2025 and complete by July, with operations starting in August. The company estimated an investment of $47 million and planned to lease a 28,000 m² facility in Hawassa adjacent to Phase 1. Existing infrastructure would support a shortened timeline.

#SolarCellExpansion #Ethiopia #Hawassa #Toyo

Advertisment {'id': '67e67a3a537a00cbbb12a5f3', 'source_name': 'Toyo', 'source_link': 'https://investors.toyo-solar.com/news/news-details/2025/TOYO-Co--Ltd-Announces-Plans-for-Additional-2GW-Solar-Cell-Capacity-Expansion-in-Ethiopia/default.aspx', 'contact_name': 'Crocker Coulson , Toyo', 'contact_email': '[email protected] ,[email protected]\u202f '}

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