Japan-based TOYO Co., Ltd. has signed a major $150 million contract to supply high-efficiency solar cells to a leading solar module manufacturer. The solar cells will support the manufacturer’s expanding operations in both India and the US TOYO plans to utilize its advanced manufacturing facilities in Vietnam and Ethiopia for production. This deal allows TOYO to scale up its production capacity while strengthening its market presence. The agreement also aligns with its mission to deliver premium solar solutions tailored to evolving industry needs.
TOYO secures $150M solar cell supply contract
TOYO will utilize facilities in Vietnam and Ethiopia to deliver premium solar cell solutions to India and the US. (Image Source: TOYO Solar)
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