Boviet Solar Invests $294 Million in North Carolina: First Manufacturing Facility in North America Signals Growth in U.S. Solar Industry

Boviet Solar Technology Co. Ltd., a leading Vietnamese solar energy technology company specializing in monocrystalline PV cells, announces its decision to establish its inaugural production facility in North America, specifically in Greenville, Pitt County, North Carolina. The facility, representing a $294 million investment, is set to create approximately 908 skilled local jobs and bolster the region’s economy.

The company’s move signifies its commitment to the U.S. solar market and aims to meet the growing demand for renewable energy solutions. Boviet Solar’s expansion into North Carolina follows its successful track record of PV cell and module production in Vietnam.

The manufacturing facility will initially focus on producing Boviet Solar’s TOPCon N-Type cell-based Monofacial and Bifacial PV modules for various applications, including residential, commercial, industrial, and utility-scale projects. Phase one of the project will utilize existing infrastructure, while phase two involves constructing a state-of-the-art factory on 34 acres to manufacture PV cells.

Scheduled for completion in Q1 2025, the facility is expected to output 2 GW of solar panels and 2 GW of PV cells annually, significantly contributing to the local clean energy sector.

North Carolina Governor Roy Cooper expressed his enthusiasm for welcoming Boviet Solar to the state, highlighting North Carolina’s reputation as a hub for clean energy and its supportive business environment.

Representative Don Davis of North Carolina’s 1st District emphasized the positive impact of Boviet Solar’s investment in the region, noting its contribution to innovation and sustainability efforts.

Greenville Mayor P.J. Connelly echoed the sentiment, underscoring the collaborative efforts that led to attracting Boviet Solar to the community and the significant economic benefits it brings.

Boviet Solar’s decision to establish a manufacturing facility in North Carolina underscores its dedication to providing high-quality, locally-made PV modules and its commitment to sustainability and innovation in the U.S. solar industry.

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