TOKYO, Dec. 19,
2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO)
("TOYO" or the "Company"), a solar solution company, is pleased to
announce that its subsidiary, Toyo Solar Company Limited has
successfully obtained TÜV SÜD certification and CSA certification.
This significant achievement underscores the Company's commitment
to quality, safety, and environmental sustainability in the
production of photovoltaic (PV) module.
TÜV SÜD has been operating for more than 150 years and is a
globally recognized organization specializing in testing,
inspection and certification services. TÜV SÜD has extensive
network of multidisciplinary experts, accredited laboratories and
offices established in the world's major business hubs and key
production centers, to support companies' safety, security and
sustainability needs. TÜV SÜD certification demonstrates TOYO's
commitment to safety, quality and performance standards set at an
organizational, local or international level.
TOYO Solar Company Limited has also secured CSA certification
issued by Canadian Standards Association, or CSA, which is widely
recognized and crucial for accessing North American markets. The
CSA standards focus on the safety of PV modules and ensures that
they can withstand the rigors of installation in diverse
geographical locations.
"We are thrilled to receive the TÜV SÜD and CSA certifications
for our solar modules," said Mr. Junsei
Ryu, Chairman and CEO of TOYO. "In preparation for our 2.5
GW solar module expansion in the U.S., we have pursued these
certifications as a contract manufacturer to acquaint ourselves
with the process. This achievement not only affirms our unwavering
commitment to quality and safety but also strengthens our
reputation as a trusted provider in the renewable energy sector. We
are excited to continue our mission of providing innovative and
sustainable energy solutions for a brighter future."
About TOYO Co., Ltd.
TOYO is a solar solutions company that is committed to becoming
a reliable integrated solar solutions provider in the global
market, integrating the upstream production of wafers and silicon,
midstream production of solar cells, downstream production of
photovoltaic modules, and potentially other stages of the solar
power supply chain. TOYO is well-positioned to produce high-quality
solar cells at a competitive scale and cost.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include but are not limited to,
statements regarding the expected growth of TOYO, the expected
order delivery of TOYO, TOYO's construction plan of manufactures,
and strategies for building up an integrated value chain in the
U.S. These forward-looking statements are based on various
assumptions, whether or not identified in this press release, and
on the current expectations of TOYO's management and are not
predictions of actual performance.
The forward-looking statements in this press release involve
risks, uncertainties, and other factors that may cause actual
results, levels of activity, performance, or achievements to
materially differ from those expressed or implied by these
forward-looking statements. Although TOYO believes that it has a
reasonable basis for each forward-looking statement contained in
this press release, TOYO cautions you that these forward-looking
statements are based on a combination of facts and factors
currently known and projections of the future, which are inherently
uncertain. In addition, there are risks and uncertainties described
in the documents filed by TOYO from time to time with the
Securities and Exchange Commission (the "SEC"). These filings may
identify and address other important risks and uncertainties that
could cause actual events and results to differ materially from
those contained in the forward-looking statements in this press
release.
TOYO cannot assure you that the forward-looking statements in
this press release will prove to be accurate. These forward-looking
statements are subject to several risks and uncertainties,
including, among others, the outcome of any potential litigation,
government or regulatory proceedings, the sales performance of
TOYO, and other risks and uncertainties, including but not limited
to those included under the heading "Risk Factors" in the filings
of TOYO with the SEC. There may be additional risks that TOYO does
not presently know or that TOYO currently believes are immaterial
that could also cause actual results to differ from those contained
in these forward-looking statements. In light of the significant
uncertainties in these forward-looking statements, nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. The forward-looking
statements in this press release represent the views of TOYO as of
the date of this press release. Subsequent events and developments
may cause those views to change. However, while TOYO may update
these forward-looking statements in the future, there is no current
intention to do so except to the extent required by applicable law.
You should, therefore, not rely on these forward-looking statements
to represent the views of TOYO as of any date subsequent to the
date of this press release. Except as required by law, TOYO does
not undertake any duty to update these forward-looking
statements.
Contact Information:
For TOYO Co., Ltd.
IR@toyo-solar.com
Crocker Coulson
Email: crocker.coulson@aummedia.org
Tel: (646) 652-7185
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SOURCE TOYO Co., Ltd