TOYO Co., Ltd. participates across the full solar energy supply chain. Its operations encompass the initial upstream stages of wafer and silicon manufacturing, the midstream production of solar cells, and the final downstream assembly of photovoltaic (PV) modules. The company notably specializes in producing these solar PV modules. Founded in 2022, TOYO is headquartered in Tokyo, Japan.
TOYO Announces Approximately $240 Million in Binding U.S. Solar Module Supply Agreements Through First Half of 2027
TOYO Co. announced multiple binding U.S. solar module supply agreements signed since mid-June 2026 with an aggregate value of approximately $240 million.
Deliveries have begun and run through the first half of 2027, spanning utility-scale, commercial and industrial, community solar, and data-center end markets, all manufactured at the company's roughly 2 GW Houston, Texas facility.
Management framed the contracts as converting newly built U.S. capacity into contracted business, with domestic-content and FEOC-compliance demand cited as tailwinds for utilization visibility through 2027.