Japan-based TOYO Co., Ltd has acquired Solar Plus Technology Texas LLC. The Houston facility will produce 2.5 GW of solar modules by the end of 2025, with plans to expand to 6.5 GW by 2029. This acquisition supports TOYO’s “made-in-America” initiative, addressing US solar panel demand and local content requirements. With $19.96 million allocated for Phase 1 construction, the project builds on TOYO’s global manufacturing presence in Vietnam and Ethiopia.
TOYO to manufacture 2.5 GW solar modules in Texas
The Houston-based facility will start producing 1 GW of solar modules by mid-2025, expanding to 2.5 GW by year-end. (Image Credit/Source: Andreas160578/Pexels)
Nova Energy Limited received resource consent for Te Rahui solar farm, scheduled for a financial decision by early 2025. (Image Source: Meridian Energy)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)