Chinese microinverter manufacturer Hoymiles has opened its first overseas factory in Monterrey, Nuevo Leon, Mexico. The facility will focus on the North American and Latin American markets.
The company has set up the factory in the Vynmsa Industrial Park, 6 km from Monterrey International Airport. It covers 6,700 square meters and is “equipped with extensive production resources, including warehouses for printed circuit board assembly (PCBA), materials and finished products,” the company said. 170 people work at the branch.
The factory will produce microinverters “such as the HMS-2000-4T and HMS-2000DW-4T series, for residential and commercial solar applications,” the company said. The factory has an initial production capacity of 500,000 units per year.
The company said it plans future expansions to double production capacity by adding new production lines.
Hoymiles CEO Yang Bo asserted that the Monterrey plant is an important milestone, demonstrating the company’s commitment to supporting the transition to renewable energy in North and Latin America.
“It is critical to meet the region’s growing needs for solar and energy storage solutions,” he added.
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