New domestic supply: SEG Solar opens Texas
With a total investment of approximately $60 million and covering nearly 250,000 square feet, the production facility is now fully
From pv magazine USA Japan-based Toyo Solar said it plans to open a 2 GW solar module manufacturing plant in the United States. The plan includes expansions to add cell and wafer manufacturing in the future. The company said it plans to raise $100 million to support the factory.
By the end of 2023, SEG has shipped over 5 GW of solar modules worldwide. The company is expected to exceed a production capacity of 5.5 GW by the end of 2024.
"As a leading U.S. solar company, SEG is proud to be among the first to respond to the call for domestic manufacturing by constructing a solar module factory in the U.S.
These cells offer a high front conversion efficiency of ≥ 25.3% and a bifacial efficiency of about 85% relative to the front face. In the first six months of 2024, Toyo Solar had 3 GW of manufacturing capacity, shipped 986 MW of solar cells, and posted $19.6 million of net income.
PDF version includes complete article with source references.
Get technical specifications, European subsidy information, and ROI analysis tools for peak shaving and container energy storage solutions.
ul. Technologii 15, Park Przemysłowy
geochojnice.pl, Poland
Office: +48 22 525 6683
Technical: +48 189 486 173
Monday - Friday: 8:00 AM - 6:00 PM CET