TOKYO, Jun 08 (Pulse News Wire) – Abalance Corporation (3856.T) announced today that its subsidiary TOYO Co., Ltd. will construct a new solar cell factory in Texas, United States, investing approximately ¥357 million US dollars (about ¥57.10 billion).
The project aims to enhance production efficiency and expand sales within the growing US market. The new facility, located at 6,115 Greens Road, Humble, Texas, USA, will cover an area of 19,000 square meters and is expected to have a production capacity of 1.5 gigawatts (GW). Construction is scheduled to begin in April 2027, with completion anticipated by April 2028.
The investment includes manufacturing equipment and auxiliary facilities, while the land and buildings will be leased. This expansion reflects Abalance's commitment to contributing to global decarbonization efforts through sustainable energy solutions. By focusing on high-efficiency heterojunction technology (HJT), the company aims to reduce lead times, lower logistics costs, and leverage domestic subsidies, positioning itself for further growth in the North American solar market.
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