Toyo to site 1.5-GW solar cell plant near Houston panel factory

URLhttps://www.solarpowerworldonline.com/2026/06/toyo
SourceSolar Power World
Date Published06/08/2026

Additional Reshoring Information:

Company/Division name Toyo Solar
Parent companyAbalance Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2026
Year reshoring implemented or to be implemented:2028
Domestically, the work will be done:In-house
Capital investment ($):357
Country(ies) from which reshored:Japan
City reshored to:Houston
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar cells
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Proximity to customers/market
Government Incentive dollar amount:$60,000,000/ year tax incentives
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