SAN
JOSE, Calif., April 26,
2024 /PRNewswire/ -- Boviet Solar Technology Co. Ltd.
(the "Company" or "Boviet Solar"), a Vietnam solar energy technology company
specializing in manufacturing monocrystalline PV cells, Gamma
Series™ Monofacial, and Vega Series™ Bifacial PV Modules, today
announces its selection of Greenville, Pitt County, North Carolina as the
location for their first production facility in North America.
Boviet Solar selects North Carolina for its first North American
production facility.
The manufacturing facility includes two phases and represents a
total investment of $294 million. It's expected to create
approximately 908 skilled local jobs and generate positive
economic impact for the area once facilities are fully ramped up.
This will be Boviet Solar's first United
States manufacturing facility and the second globally,
following its successful track record of PV cell and module
production in Vietnam.
"Our dreams of producing our PV modules in the U.S. finally come
to realization," said Jimmy Xie,
General Manager of Boviet Solar. "We are proud of bringing our
manufacturing excellence to our most important solar market,
creating jobs, and making a positive impact on North Carolina's economy. We are committed to
expanding solar as a widely used renewable energy source in the
U.S. and delivering locally made, top-performing PV modules to
accelerate the advent of the global renewable revolution."
"We are excited about the establishment of a manufacturing
facility in North Carolina, which
will allow us to bring 'Made in USA' products to the market," said
Scott Chen, Vice President of Global
Sales and Marketing at Boviet Solar. "This strategic move
exemplifies our client-centric business philosophy and commitment
to providing unparalleled quality and service to our valuable
clients. By localizing production, we are confident in offering
enhanced flexibility, reliability, and agility in meeting client
demands."
"We are thrilled to embark on this new chapter in our journey as
our establishment into North
Carolina marks a pivotal moment in our mission to foster
stronger connections with our clients while driving innovation and
excellence in everything we do," said Sienna Cen, President of
Boviet Solar USA. "Our investment
in North Carolina underscores our
dedication to not only meeting but exceeding client expectations.
Through 'Made in America' products, we are confident in our ability
to deliver superior experiences and remain responsive to the
diverse needs of our clients."
The PV module manufacturing facility will produce Boviet Solar's
TOPCon N-Type cell, technology-based Monofacial and Bifacial PV
modules for residential, commercial, industrial, and utility-scale
U.S. clients. Phase one of the project will utilize the existing
building to manufacture solar modules. Phase two will include
constructing a state-of-the-art 500,000 to 600,000-square-foot
factory on 34 acres to manufacture PV cells. This location is
expected to output 2 GW of solar panels and 2 GW of PV cells
annually. Official opening and mass production of the factory
is scheduled for Q1 2025.
"It's great to welcome Boviet Solar to North Carolina," said North Carolina Governor Roy Cooper. "This decision has proven yet again
that North Carolina is a hub for
clean energy, offering advanced manufacturers a skilled workforce,
an excellent quality of life, and affordable communities to support
its work in sustainability."
"Boviet Solar's decision to establish a manufacturing facility
right here in Greenville-Pitt
County not only signifies a significant investment in our
local economy by bringing in a $294
investment and 908 new jobs but also underscores the vital role our
region plays in advancing renewable energy initiatives," said Rep.
Donald G. Davis. "This investment in
North Carolina's 1st District
speaks volumes about the strength of our community and our shared
dedication to fostering innovation and sustainability. I look
forward to seeing the positive impact this project will bring to
the East."
"I could not be more excited to welcome Boviet Solar to
Greenville," said Greenville's Mayor P.J. Connelly. "Since taking the oath of Mayor,
I have been a strong advocate for partnerships and collaboration in
our economic development work. Welcoming a manufacturer of this
magnitude in our community is a win for Greenville, Pitt
County, and all of eastern North
Carolina, and we owe a lot of it to our collaborative
efforts."
The U.S. solar industry has been key for Boviet Solar since it
first entered the market in 2015. Boviet Solar has also been a
Bloomberg New Energy Finance Tier 1 PV Module Manufacturer since
2017. The company offers financial and business stability,
technology expertise, manufacturing excellence, top-performing PV
modules, strong ESG protocol, and supply chain transparency. Boviet
Solar's PV modules are known for their power, performance, and
quality and have been rated as top performers on PVEL's PV Module
Reliability Scorecard since 2019.
About Boviet Solar
Founded in 2013 in
Vietnam, Boviet Solar has offices
in the United States, Germany, and China, with its global headquarters in
Vietnam. The company is a Tier 1
solar technology company that specializes in the manufacturing of
Monocrystalline PERC and TOPCon PV cells and Gamma Series
Monofacial and Vega Series Bifacial PV modules, as well as solar
project development. The company works with IPPs, EPCs, project
developers, solar installers, and contractors to deliver
top-performing PV modules for utility-scale, commercial,
industrial, and residential solar projects.
The company offers financial and business stability,
technological know-how, manufacturing excellence, top-performing PV
modules, supply chain transparency, and strong ESG. With a proven
track record of successfully working with many of the industry's
leading players, Boviet Solar has maintained its position as a
BloombergNEF Tier 1 solar module manufacturer since 2017. Boviet
Solar's PV Modules are known for their power, performance, and
quality and have been rated as top performers on PVEL's PV Module
Reliability Scorecard since 2019. Black & Veatch successfully
completed an independent audit of Boviet Solar's manufacturing
facilities in 2022. For more information about our company and
products please visit www.bovietsolar.com
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SOURCE Boviet Solar