Toyo Co. says a new anti-circumvention petition targeting its Ethiopian solar cell facility is ‘full of misinformation’. This is what the Japanese manufacturer says pv magazine that the site reached a capacity of 4 GW last year and that there are plans for a US onshore cell factory.
Toyo Co. is backtracking on accusations that it is sidestepping U.S. solar taxes through Ethiopia, with Chief Strategy Officer Rhone Resch calling a newly filed petition misleading and inaccurate.
Resch said a petition filed earlier this month by the Alliance for American Solar Manufacturing and Trade (AASMT) against Toyo Solar Manufacturing’s Ethiopian operations “fundamentally mischaracterizes our operations and business model and is riddled with misinformation.” He added that the company plans to “vigorously clarify these facts through the appropriate official channels.”
The AASMT petition was filed by eight U.S. solar manufacturers – DYCM Power, First Solar, Great Lakes Solex PR, Hanwha Q CELLS USA, Silfab Solar, Suniva, Swift Solar and Talon PV – and alleges that Toyo and Origin Solar Manufacturing process Chinese-origin wafers into solar cells in Ethiopia before exporting finished products to the United States to avoid existing anti-dumping and countervailing duties. AASMT did not immediately respond to a request for further comment. Origin Solar Manufacturing did not respond to a request for comment.
Resch said Toyo is a “fully Foreign Entity of Concern (FEOC) compliant partner” and that all solar cells manufactured in Ethiopia use polysilicon supplied exclusively from the United States and Malaysia, while the wafers are processed in non-Chinese countries. He said the sourcing arrangements mean Toyo’s supply route from Ethiopia to the US complies with existing trade rules.
Toyo’s Ethiopia facility reached its full nameplate capacity of 4 GW in October 2025 and is currently operating at full capacity with a fully allocated order book, Resch said. pv magazine. The company expects solar cell deliveries of 5.5 GW to 5.8 GW in 2026 and expects adjusted net income of $90 million to $100 million, according to Resch.
In fiscal 2025, Toyo shipped about 4.5 GW of solar cells and reported revenues of $427 million, up 142% year over year, according to preliminary results published in March 2026.
Toyo’s module plant in Houston, Texas, began commercial production in late 2025 with an initial capacity of 1 GW and is now on track to complete a second 1 GW expansion by September 2026, Resch said, bringing total U.S. module capacity to 2 GW. According to the company’s commercial operations announcement in October 2025, the facility is eligible for Section 45X tax credits for production up to $0.07/W through 2030.
Resch also said Toyo is now in the final planning stages for a new U.S. onshore cell factory that would offer utility-scale customers the option of full domestic content. “Currently there is a very significant gap between demand for high-efficiency n-type cells and supply in the US,” Resch said.
The U.S. Department of Commerce has thirty days from receipt of the AASMT petition to initiate a formal circumvention investigation.
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