TOYO Secures $240 Million in Solar Module Supply Agreements
TOYO has secured multiple binding U.S. solar PV module supply agreements totaling approximately $240 million since mid-June, according to a recent announcement. These contracts span various sectors including utility-scale projects, commercial developments, community solar initiatives, and data center installations. Deliveries under these agreements are scheduled through the first half of 2027. The company highlighted that this pipeline could contribute positively to its EBITDA in the second half of the year. The deals reflect growing demand for renewable energy infrastructure across multiple U.S. sectors.
Tickers: $TOYO
Topics: Solar Energy Supply Agreements U.S. Market