PR Newswire
TOKYO, Dec. 19, 2024
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.
[email protected]
Crocker Coulson
Email: [email protected]
Tel: (646) 652-7185
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SOURCE TOYO Co., Ltd
