A ceremony was held at a factory near Houston, Texas, to mark completion of an expansion that increased annual solar module production capacity to 2 GW. TOYO outlined plans to expand into upstream operations in the future and build a 1.5 GW heterojunction cell factory.
TOYO, a manufacturer and distributor of solar panel-related equipment, held a ceremony at its manufacturing facility near Houston, Texas, to mark the expansion of its annual module production capacity to 2 GW. Attendees included officials from the U.S. Department of Commerce, the Consulate-General of Japan in Houston, local government representatives, investors and customer companies.
In addition to its existing module manufacturing operations, TOYO said it plans to expand into upstream processes, including the production of solar cells, ingots and wafers, and pursue vertical integration of a supply chain that would cover in-house production in the United States from raw materials through finished products. At the ceremony, the president explained plans to invest approximately $357 million to build a 1.5 GW cell factory.
The new factory is targeted for completion in the first quarter of 2028 and is positioned as a Japan-U.S. cooperation project combining support from the governments of Japan and the United States. The module expansion and cell factory construction are expected to create jobs.
The policy backdrop includes the Trump administration's push to reshore production to the United States and consideration of import tariffs. TOYO is considering establishing an integrated production system covering polysilicon, wafers, cells and modules.