• Toyo plans a 1.5 GW heterojunction solar cell plant in the Houston metropolitan area, co-located with its existing U.S. module site.
• Projected capital investment of USD 357 million, targeting completion within 20 months with pilot production expected by then.
• Expansion aims to create an integrated U.S. manufacturing footprint, cutting logistics costs while improving supply chain resilience tied to FEOC compliance.
• Project expected to create about 400 direct manufacturing jobs in the Houston area.
• At full capacity, domestic cell output could qualify for IRA Section 45X credits of USD 0.04 per watt, up to USD 60 million annually.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyo Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-070658), on June 22, 2026, and is solely responsible for the information contained therein.