The expansion plan centers on TOYO’s facility in Hawassa, where the company is finalizing the installation and testing of production equipment. TOYO is also negotiating an additional 28,000 square meters of space to support the upcoming capacity increase.
This approach enables a fast-tracked production timeline, with the larger facility projected to go online by August 2025—just four months after the initial expansion commences.
TOYO’s move reflects a strategic response to accelerating global demand for solar energy solutions. The company reports high interest in its solar cells ahead of official production, indicating robust market alignment.
By expanding its manufacturing footprint in Ethiopia, TOYO aims to strengthen its supply capabilities across key markets while reinforcing its long-term commitment to sustainable energy growth.
Beyond capacity expansion, TOYO is advancing a vertically integrated model across the solar power value chain. This includes upstream silicon and wafer production, as well as downstream module assembly.
The goal is to streamline operations and reduce manufacturing costs—allowing the company to deliver high-quality, competitively priced photovoltaic solutions to global partners.
