TOYO SOLAR Builds 4GW TOPCon Cell Factory in Vietnam with An Appreciation Dinner Held in NOV.
VSUN SOLAR
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TOYO SOLAR, subsidiary of VSUN SOLAR, a manufacturer of TOPCon Cell in Vietnam, has announced the completion of its Phase I 4GW N-TOPCon Factory, following the 4GW Phase II factory in 2024.
22 November, 2023, the TOYO SOLAR Appreciation Dinner with the theme "Sails to success by working together for a shared future !" was grandly held in the Phu Tho Province of Vietnam. The event brought together over 200 distinguished guests, including representatives from Abalance Group, the Vietnamese government delegation, strategic partners from banks, and representatives of customers to celebrate the successful completion of TOYO SOLAR N-TOPCon Cell Factory Phase I.
“TOYO SOLAR TOPCon Phase I is put into production, the group will be closer to the main solar market, actively expanding its global market. “ Said Mr. Ryu Junsei, the CEO of Abalance Group.
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The deputy chairman of People's Committee of Phú Th? province Vietnam, highly praised the development and contribution of TOYO SOLAR in Vietnam. “The provincial government will continue to support the construction work of TOYO SOLAR, aiming to create a development platform for mutual benefit and win-win cooperation.” Said Mr. Nguyen Thanh Hai.
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“Congratulations on the completion of TOYO SOLAR PhaseⅠ, TOYO SOALR is looking forward to making significant contributions to advancing global low-carbon sustainable development in the future." Mr. Watanabe Shige, minister extraordinary and plenipotentiary of embassy of Japan in Vietnam.
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TOYO SOALR invested USD 200 millions to open the 8GW N-TOPCon production site in Vietnam. Factory Phase I produced TOPCon cells can achieved the cell conversion efficiency 24.3%, and the A grade cell ratio also can achieved 95.4%. Moreover, cell to module power retention ratio is greater than 99.8% (CTM<0.3%). while Phase II will be completed in 2024. The completion of TOYO SOLAR will greatly advance the upgrade of Vietnam's local energy infrastructure, promoting the global carbon reduction goals.
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If you would like to know more details, please find us on VSUN (vsun-solar.com)