SUBSCRIBE
PROFILE

Ethiopian Prime Minister visits TOYO solar site in Vietnam to support African expansion

The Ethiopian Prime Minister’s visit to TOYO’s factory in Vietnam signals a new phase in energy cooperation with the Japanese group, focusing on industrial expansion in Ethiopia.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

The Prime Minister of the Federal Democratic Republic of Ethiopia, Abiy Ahmed Ali, visited TOYO Co., Ltd.’s solar cell manufacturing plant in Phu Tho Province, northern Vietnam, on April 15. The visit, attended by a ministerial delegation from Ethiopia and the province’s Vice Governor Nguyen Manh Son, aimed to reinforce strategic collaboration between the Ethiopian government and the Japanese industrial group in the renewable energy sector.

TOYO, a subsidiary of the Japanese conglomerate Abalance Group, specialises in high-performance solar cell production at industrial scale. During the tour, the Ethiopian head of government reviewed the automated photovoltaic cell production line and acknowledged the group’s innovation capacity, highlighting its relevance to Ethiopia’s energy transition objectives.

Objective: Doubling production capacity in Ethiopia

TOYO is set to complete the expansion of its Ethiopian plant in Hawassa by July, increasing its annual production capacity from 2 to 4 gigawatts. This extension is designed to meet rising global demand for solar modules while aligning with Ethiopia’s national strategy for sustainable energy development. Production at the expanded facility is scheduled to begin in August 2025.

Abiy Ahmed Ali used the visit to invite Abalance Group to broaden its involvement in Ethiopia’s energy sector, particularly by taking part in the development of photovoltaic power stations. This initiative falls within a broader framework of bilateral cooperation aimed at accelerating electrification through low-carbon technologies and reinforcing TOYO’s industrial presence in East Africa.

A structuring industrial partnership for TOYO

According to TOYO’s Chairman and Chief Executive Officer, Junsei Ryu, the partnership with Ethiopia will strengthen the group’s global industrial capabilities, especially in supply chain integration and technology transfer. The project also benefits from local government support, enhancing prospects for regional industrial integration.

Through this agreement, TOYO aims to become a key player in photovoltaic production on the African continent, based on an industrial base located within the East African corridor. The Hawassa facility is expected to play a strategic role in supplying emerging markets with high energy demand, while maintaining industrial competitiveness.

  • Popular on energynews.pro
Africa aims for local transformation to gain weight in the global energy economy
DEWA signs multiple partnerships to deploy 308 new fast-charging stations in Dubai
Global green ammonia market to reach $38.5bn by 2033, driven by large-scale projects
Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank
EDF power solutions and El Paso Electric launch 150 MW solar facility in New Mexico
Doral Renewables signs contract for 430 MW of solar power in Texas
Doral Renewables has signed a power purchase agreement for 75% of the output from its Cold Creek Solar project, expanding its contracted portfolio to over 1.6 GW nationwide.
France: SNCF signs two 25-year solar contracts with Octopus and BayWa r.e.
SNCF Voyageurs secures direct solar electricity supply from two plants owned by Octopus Energy and BayWa r.e., through 25-year agreements aimed at powering its rail network.
Solar and storage equipment prices to rise 9% from Q4 2025
The end of China's VAT rebate and reduced output bring an end to eighteen months of historically low prices in solar and storage sectors.
Kuwait shortlists bidders for 500 MW photovoltaic solar project
The Kuwait Authority for Partnership Projects has shortlisted several companies for Phase III of the Al Dibdibah solar plant, with a net capacity of 500 MW.
Indian regulator opens proceedings over solar firms’ losses linked to transmission delays
The Central Electricity Regulatory Commission has agreed to examine compensation claims by ACME Solar and AMPIN Energy, citing losses caused by non-operational transmission lines.
Waaree Energies launches 950 MW solar unit at its Gujarat plant
Waaree Energies has activated a new 950 MW photovoltaic module production line in Degam, strengthening its industrial investment programme in western India.
India launches tender for 3,640 kW rooftop solar under SECI
India opens a new rooftop solar tender phase, offering 3,640 kW under the RESCO model, with a pre-bid meeting held online on October 6 by Solar Energy Corporation of India.
Shizen Energy secures 100MW in solar contracts with Microsoft in Japan
The Japanese developer has reached a total of 100MW in solar capacity under power purchase agreements with Microsoft, spread across four projects in the country, two of which are already operational.
Neoen secures four new long-term solar PPAs with SNCF Énergie
SNCF Énergie signed four new renewable electricity purchase agreements with Neoen in July, covering the annual consumption equivalent of the TGV Paris–Bordeaux line.
RWE commissions 4 MWp solar park on former landfill site in Charente-Maritime
RWE has inaugurated a 4 megawatt-peak solar park in Charente-Maritime, built on a former municipal landfill site and capable of supplying electricity to approximately 1,500 households.
Red Rocket secures financing for 331 MWp solar park in South Africa
Producer Red Rocket has finalised financing for a 331 MWp solar park in Mpumalanga, backed by a 20-year power purchase agreement with Discovery Green.
SIG launches €1.6mn fundraising for 12 solar projects in Italy
Sun Investment Group has launched a crowdfunding campaign with Enerfip to raise up to €1.6mn ($1.7mn) to support the development of twelve photovoltaic plants in Italy totalling 113 MW.
GreenYellow to build 1.5 MWp solar power plant for Volailles et Traditions in Mauritius
GreenYellow will develop a 1.5 MWp photovoltaic plant in Mauritius for Volailles et Traditions, with an expected annual output of 2.45 GWh fed into the national power grid.
Thailand can save $1.8 billion by boosting solar and battery capacity
An alternative energy scenario proposes increasing solar and storage capacity by 2037 to reduce fossil fuel dependence and cut electricity generation costs in Thailand.
Osaka Gas and Daiwa acquire 25MW solar plant from Kyocera
Osaka Gas and Daiwa Energy & Infrastructure have formed a partnership to expand their renewable energy business with the acquisition of a 25MW solar power plant in Kyoto, formerly owned by Kyocera TCL Solar.
GSU met en service 50 MW solaires avec stockage à N’Djamena
Global South Utilities, filiale de Resources Investment LTD, inaugure à N’Djamena la centrale Noor Chad de 50 MW avec 5 MWh de stockage, dimensionnée pour alimenter des centaines de milliers de foyers et exploitée directement par l’entreprise.
European Union unlocks €545mn to modernise African power grids
Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
TotalEnergies sells 50% of North American solar assets for $950 million
TotalEnergies will transfer half of a 1.4 gigawatt solar portfolio to KKR, strengthening its position in the North American power market while securing $950 million through the sale and bank refinancing.
EDP inaugurates a 16MWc solar park on brownfield land in Menestreau
EDP, via EDP Renewables, inaugurates in Menestreau (Nièvre) a photovoltaic park of nearly 16MWc, comprising 29,630 panels and designed to produce about 19GWh per year, in co-activity with sheep farming.
SunPower finalises the acquisition of Sunder Energy and doubles its sales force
The transaction creates the fifth-largest US residential solar player by installed megawatts, doubles the sales force to 1,734 representatives and targets a record operating profit in the fourth quarter of 2025.