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TOYO Co Ltd (TOYO) is a Nasdaq-listed leader in vertically integrated solar solutions, driving innovation across photovoltaic research, production, and global distribution. This dedicated news hub provides investors and industry stakeholders with timely updates on financial performance, technological breakthroughs, and strategic initiatives shaping the renewable energy sector.
Access authoritative coverage of earnings announcements, manufacturing expansions, and product innovations from a company renowned for its end-to-end control of solar cell production. TOYO's TÜV SÜD and CSA-certified operations ensure all updates reflect rigorous quality standards and market-leading sustainability practices.
Discover how TOYO's global manufacturing footprint – including facilities in strategic U.S. and African locations – influences industry trends and clean energy adoption. Regular updates on partnership developments and operational milestones offer critical insights for evaluating the company's position in competitive solar markets.
Bookmark this page for consolidated access to verified TOYO disclosures, analyst-reviewed financial data, and objective reporting on photovoltaic advancements. Stay informed about the solar industry leader combining Japanese precision with worldwide renewable energy impact.
TOYO Co (Nasdaq: TOYO) hosted Ethiopian Prime Minister Abiy Ahmed Ali at its solar cell production facility in Phu Tho Province, Vietnam on April 15, 2025. The Prime Minister, accompanied by ministerial delegates and local officials, toured TOYO's intelligent solar cell production line.
Key developments include:
- TOYO is expanding its Ethiopian facility in Hawassa from 2 GW to 4 GW capacity
- The expansion project is scheduled for completion by July 2025
- Production at the expanded facility is expected to begin in August 2025
Prime Minister Abiy Ahmed invited Abalance Group, TOYO's parent company, to participate in developing photovoltaic power plants in Ethiopia, aiming to enhance strategic cooperation and advance the country's green energy goals.
The Japan Go IPO Summit, co-hosted by Nasdaq and MarcumAsia, will take place on June 5th, 2025 at the Grand Hyatt Tokyo. The event features Keitaro Ishii, Director of Kura Sushi USA (NASDAQ: KRUS), as keynote speaker discussing successful U.S. public company strategies.
Notable speakers include executives from Coincheck Group (NASDAQ: CNCK) and TOYO Co. (NASDAQ: TOYO). The full-day summit will cover important topics including:
- State of the IPO Market
- Elements of IPO Success
- SPACs: Advantages and Lessons
- Legal, Accounting, and Audit Preparation
- Wall Street Following Development
- Market Tapping Strategies
- M&A as a Public Company
The Japan Go IPO Summit, co-hosted by Nasdaq and MarcumAsia, has announced its speaker lineup for the June 5th, 2025 event at the Grand Hyatt Tokyo. Seitaro Ishii, Director of Kura Sushi USA (NASDAQ: KRUS), will deliver the keynote address on successful U.S. public company operations.
The summit will feature notable speakers including executives from Coincheck Group (NASDAQ: CNCK) and TOYO Co. (NASDAQ: TOYO). The full-day event will focus on IPO readiness, cross-border strategies, and U.S. capital market access.
Key topics include:
- State of the IPO Market
- Elements of IPO Success
- SPACs: Advantages and Lessons Learned
- Legal, Accounting, and Audit Preparation
- Wall Street Following Development
- Market Tapping Strategies
- M&A as a Public Company
TOYO (Nasdaq: TOYO) has announced plans to double its solar cell production capacity in Ethiopia with an additional 2 gigawatts (GW) expansion. This decision follows the successful completion of Phase 1 facility, which also has 2GW capacity and is scheduled to begin production in early Q2 2025.
The Phase 2 expansion key details include:
- Investment of $47 million
- Construction to begin in April 2025
- Completion expected by July 2025
- Production start planned for August 2025
- 28,000 m2 facility in Hawassa, Ethiopia
The company is currently in negotiations for the Phase 2 facility lease, which will be adjacent to Phase 1's automated cell production site. The existing infrastructure from Phase 1 will support the expansion, enabling a faster timeline.
TOYO Co (Nasdaq: TOYO) recently hosted a delegation from Ethiopia's Industrial Park Development (IPDC) and Ethiopia's Ambassador to Japan at its facilities in Vietnam and Japan. The visit followed the Japan-India-Africa Business Forum on February 26, 2025.
The company is currently constructing a 2 GW solar cell manufacturing plant within Ethiopia's IDPC industrial park, scheduled to begin production by end of March 2025. The meeting emphasized potential collaboration opportunities in establishing a solar supply chain, aligning with Ethiopia's industrial infrastructure and environmental sustainability goals.
TOYO's CEO Junsei Ryu highlighted Ethiopia's supportive business environment and access to green power as key advantages for the facility. IPDC's CEO Feseha Yetagesu expressed appreciation for TOYO's commitment to sustainable investments in Ethiopia.
TOYO Co., (Nasdaq: TOYO), a solar solution company, announced that its warrants will commence trading on the OTCQB under the ticker symbol TOYWF starting February 24, 2025. CEO and Chairman Mr. Junsei Ryu expressed excitement about this milestone, highlighting the enhanced market presence and additional liquidity for investors. The trading of TOYO's warrants on OTC Markets aims to provide greater flexibility and access for shareholders and a broader base of investors interested in the company's growth.
TOYO Co., (Nasdaq: TOYO), a solar solution company, has announced its participation in several key industry and investment conferences during February and March 2025. The company's leadership will be present at four major events:
1. The CG Sustainability Virtual Summit (Feb 26) featuring a fireside chat with Simon Shi
2. The Jefferies Power, Utilities and Clean Energy Conference (March 5) in New York, with both President Simon Shi and CFO Raymond Chung attending for 1x1 meetings
3. The 37th Annual ROTH Conference (March 17-18) in Dana Point, California, with President Simon Shi available for 1x1 meetings
4. The Jefferies Virtual Cleantech and Utility Equipment Conference (March 28) featuring a fireside chat with Simon Shi
Interested parties can arrange meetings through respective conference salespeople or contact Crocker Coulson for management meetings outside the conferences.
TOYO (Nasdaq: TOYO) has announced its participation in three major energy industry events during February and March 2025. The company will showcase its solar solutions at Smart Energy Week in Tokyo (February 19-21), InterSolar San Diego (February 25-27), and the European Energy Supply Chain Summit in Berlin (March 12).
At the European event, TOYO's President Simon Shi will participate in a panel discussion titled 'Europe's Infrastructure Potential: Balancing Ambition and Reality' alongside other industry leaders. CEO Junsei Ryu emphasized the company's commitment to delivering high-quality, affordable, and sustainable solar solutions while fostering collaboration for a resilient energy future in Europe.
TOYO Co., (Nasdaq: TOYO) announces that its subsidiary, Toyo Solar Company , has obtained both TÜV SÜD and CSA certifications for its photovoltaic (PV) modules. The TÜV SÜD certification validates TOYO's adherence to safety, quality, and performance standards, while the CSA certification enables access to North American markets.
The certifications come as TOYO prepares for a 2.5 GW solar module expansion in the U.S., where the company is pursuing certification requirements as a contract manufacturer. Chairman and CEO Junsei Ryu emphasized that these achievements reinforce their position as a trusted provider in the renewable energy sector.
TOYO Co., has secured a $150 million contract to supply high-efficiency solar cells to a leading solar module manufacturer. The agreement involves delivering solar cells from TOYO's manufacturing facilities in Vietnam and Ethiopia to support the customer's module production in India and the U.S. According to CEO Junsei Ryu, this contract represents a significant milestone in positioning TOYO as a key supplier in the solar energy market. The deal is expected to increase production capacity and strengthen the company's market position.
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