Japan-based tunnel oxide passivated contact (TOPCon) photo voltaic cell producer Toyo has introduced plans to construct a 2 GW cell manufacturing facility in Hawassa, Ethiopia.
The firm mentioned it should initially make investments $60 million within the new 31,500 m2 manufacturing facility.
“Toyo expects to start becoming out the brand new plant in November 2024, with the brand new manufacturing facility anticipated to start manufacturing by the top of the primary quarter of 2025,” the corporate mentioned in an announcement. “Ethiopia is exempt from tariffs for bifacial photo voltaic cells underneath Section 201 of the US Trade Act of 1974.”
The Tokyo-based producer produces two kinds of cells at its 3 GW plant in Vietnam. These cells are mentioned to work effectively in low gentle circumstances, reaching over 97% relative conversion effectivity beneath 200 W/m2. They supply a ahead conversion effectivity of 25.3% and a bifacial effectivity of round 85% relative to the entrance.
In September, the corporate revealed plans to open a 2 GW photo voltaic panel manufacturing facility within the United States and filed to boost $100 million for the upcoming TOPCOn photo voltaic cell facility.
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