A Vietnamese solar module producer celebrated with North Carolina state leaders recently as it opened a new manufacturing plant in Greenville.
Boviet Solar Technology completed the first phase of construction on its first-ever U.S. plant. The $294 million Greenville, NC, manufacturing plant will produce Boviet’s Gamma Series monofacial and Vega Series bifacial photovoltaic modules for residential, commercial, industrial and utility customers.
Founded 12 years ago in Vietnam, Boviet Solar has expanded globally and ascended into a BloombergNEF Tier 1-ranked solar module manufacturer. Those attending the opening celebration for the Greenville plant last week included the company’s Vietnamese leaders, North Carolina Gov. Josh Stein and Senator Kandie Smith.
“Boviet Solar’s investment in Greenville is a win for both our economy and our clean energy future,” said Senator Kandie Smith in a statement. “This facility is not just creating jobs, but creating opportunity, innovation, and a stronger foundation for Eastern North Carolina.”
The Greenville plant initially will be capable of manufacturing close to 2 GW of solar module capacity per year, while employing more than 400 people. Boviet Solar expects to invest close to $100 million on a second phase of expansion to add another 900 workers.
This is Boviet Solar’s first U.S. manufacturing plant and only the second companywide.
“The grand opening of our Greenville facility is a milestone moment for Boviet Solar and a testament to our enduring commitment to the U.S. market,” said Marco Marques, General Manager of Boviet Solar USA Manufacturing Operation. “This facility allows us to manufacture high-performance PV modules on American soil, strengthening domestic clean energy supply chains and making meaningful contributions to North American energy independence and economic growth.”
BloombergNEF (New Energy Finance) reported earlier this year that the U.S. added a record 49 GW in new solar generation capacity last year. Utility-scale solar grew 31% year over year to 216 TWh in generation capacity.
Many solar module and battery storage manufacturing firms are working on developing production in the U.S. since passage of the Infrastructure Law in 2021 and the Inflation Reduction Act (IRA) in 2022. The IRA offered billions in incentives and requirement for significant domestic components in renewable energy equipment.
The Solar Energy Industries Association has reported that dozens of new solar and battery storage manufacturing projects have come online in the U.S. through the IRA incentives.
President Trump also has vowed to strengthen the U.S. manufacturing sector.
