Toyo co., ltd to acquire solar module manufacturing facility in texas

Move to accelerate toyo's plans for "made-in-america" modules with 2.5 gigawatts initial capacity houston and tokyo , nov. 25, 2024 /prnewswire/ -- toyo co., ltd (nasdaq: toyo) ("toyo" or the "company"), a solar solution company, today announced it has agreed to acquire 100% of membership interests in solar plus technology texas llc("solar plus") located in houston metropolitan area, texas, via its subsidiary toyo solar llc.  key highlights facility details: the newly leased facility spans 567,140 square feet which we plan to accommodate 2.5 gw of solar module manufacturing capacity and further expand it to 6.5 gw by 2029.
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