TOYO secures $150m solar cells contract to bolster renewable energy growth
TOYO has signed a $150m solar cells supply contract with a leading solar module manufacturer to support production expansion in India and the United States. The company will utilize its manufacturing facilities in Vietnam and Ethiopia to produce advanced solar cells designed to enhance module efficiency and performance. This partnership strengthens TOYO’s market position and aligns with its commitment to promoting sustainable energy. Chairman and CEO Junsei Ryu called the deal a significant milestone, emphasizing…