TOYO and Voltec Solar Forge Strategic Partnership to Deliver Low-Carbon Solar Solutions Across Europe

Rhea-AI Summary

TOYO (Nasdaq: TOYO) announced a strategic partnership with French panel maker Voltec Solar on November 3, 2025, marking TOYO's entry into the European market.

Under the agreement TOYO will become Voltec Solar's official solar cell supplier, supplying its high-performance, low-carbon cell technology that helped Voltec obtain a carbon footprint certification from Certisolis. The signing took place at TOYO's Vietnam production base and included senior executives from both companies.

The collaboration targets supply-chain integration, alignment with the EU Net-Zero Industry Act, and deployment of certified, climate-aligned solar solutions across Europe.

Positive

• Signed supplier partnership: TOYO named official solar cell supplier to Voltec Solar
• Market entry: Partnership marks TOYO's announced entry into Europe on Nov 3, 2025

Negative

• None.

Insights

Strategic Partnerships Analyst

TOYO's supply deal with Voltec opens European market access and embeds its low-carbon cells into certified panels.

TOYO becomes the official solar cell supplier to Voltec Solar, giving it a direct channel into European manufacturing and customers through an established panel maker. The business mechanism is straightforward: TOYO supplies high-performance, low-carbon cells and Voltec integrates them into panels that carry Certisolis certification, easing market acceptance under Europe’s sustainability requirements.

Key dependencies and risks include timely quality integration on Voltec's production lines, sustained certification status, and the commercial scale of orders; failure on any of these could limit revenue realization. Watch for concrete procurement volumes, certification renewals, and early shipment milestones over the next 6–18 months starting Nov. 3, 2025.

ESG and Regulatory Analyst

The partnership strengthens compliance with the EU Net-Zero Industry Act and gives TOYO a sustainability credential via Certisolis certification.

This collaboration links TOYO’s low-carbon cell technology to a certified downstream product, aligning product claims with an independent lab and the EU framework. That alignment reduces non-compliance risk and can simplify procurement by European buyers who require third-party verified carbon footprints.

Dependencies include ongoing Certisolis validation and how regulators or large buyers interpret certification in procurement policies. Monitor certification scope, any changes to the Net-Zero Industry Act implementation, and initial contract terms over the next 3–12 months beginning Nov. 3, 2025.

TOKYO, Nov. 3, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced it has officially entered into a strategic partnership with Voltec Solar, a photovoltaic panel manufacturer based in France, marking TOYO's entry into the European market and accelerating its global expansion toward low-carbon solar infrastructure.

The signing ceremony took place at TOYO's production base in Vietnam, where TOYO's management was joined by Erick Valdez, Chief Operating Officer of Voltec Solar, Thomas Regrettier, Chief Technology Officer of Voltec Solar and Hironori Tokumoto of Abalance Group, the parent company of TOYO.

Under the agreement, TOYO will become Voltec Solar's official solar cell supplier. The partnership leverages TOYO's high-performance, low-carbon cell technology, which has enabled Voltec Solar to obtain a carbon footprint certification from Certisolis, a French laboratory specializing in photovoltaic solar panel testing.

"Partnering with TOYO allows us to integrate high-efficiency, low-carbon solar cells into our production line while meeting Europe's strict sustainability standards," said Erick Valdez, COO of Voltec Solar. "This collaboration strengthens our supply chain and supports our mission to deliver certified, climate-aligned solar solutions across Europe."

"This partnership marks an exciting step forward for TOYO to enter the European market," said Junsei Ryu, Chairman and CEO of TOYO. "It underscores our commitment to a cleaner, greener future. We look forward to bringing high-quality, low-carbon solar solutions to Europe and beyond."

This collaboration reflects both companies' shared commitment to innovation, sustainability and alignment with the EU Net-Zero Industry Act. It also demonstrates TOYO's readiness to integrate into global supply chains and support European manufacturers seeking certified, climate-aligned solar technologies.

About TOYO Co., Ltd.

TOYO is a solar solutions company committed to becoming a full-service solar solutions provider in the global market, integrating upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost.

About Voltec Solar

Founded in 2010 and based in France, Voltec Solar is a manufacturer of high-performance photovoltaic panels. With a strong focus on innovation and sustainability, the company operates advanced production lines compatible with next-generation solar technologies, including TOPCon and heterojunction cells. Voltec Solar is committed to delivering certified, low-carbon solar solutions across Europe and beyond.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "look forward to," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled "Risk Factors" in TOYO's annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in TOYO's subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. TOYO specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

Contact Information:

For TOYO Co., Ltd.
IR@toyo-solar.com  

Crocker Coulson
Email: crocker.coulson@aummedia.org
Tel: (646) 652-7185

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SOURCE TOYO Co., Ltd

FAQ

What did TOYO announce on November 3, 2025 regarding Europe and Nasdaq: TOYO?

TOYO announced a strategic partnership with Voltec Solar and said it will enter the European market as Voltec's official solar cell supplier.

How does the TOYO–Voltec Solar deal affect TOYO's market expansion (Nasdaq: TOYO)?

The agreement is presented as TOYO's formal entry into Europe and a step to integrate into European supply chains.

Did Voltec Solar receive any sustainability certification after partnering with TOYO?

Voltec obtained a carbon footprint certification from Certisolis after integrating TOYO's low-carbon cell technology.

Who signed the TOYO and Voltec Solar partnership on November 3, 2025?

Executives present included Erick Valdez (COO) and Thomas Regrettier (CTO) of Voltec Solar and TOYO management at TOYO's Vietnam site.

Does the TOYO and Voltec Solar partnership reference EU policy alignment for Nasdaq: TOYO?

Yes; the companies stated the collaboration aligns with the EU Net-Zero Industry Act and European sustainability standards.