Boway Group Commits $350 Million Investment in Solar Manufacturing Facility
Boway Group of China Signs Land Lease Agreement in Cong Hoa Industrial Park, Hai Duong, for $350 Million Solar Manufacturing Facility
On August 21, Boway Group, a Chinese conglomerate, and Vietnam’s Rubber Urban Development and Industrial Park JSC finalized a land lease agreement in Cong Hoa Industrial Park. This collaboration sets the stage for Boway Group’s ambitious $350 million solar manufacturing project.
Securing a 20-hectare plot, Boway Group aims to establish a cutting-edge facility specializing in the production of photovoltaic cells, solar energy conversion modules, and advanced alloy strips.
The manufacturing plant is scheduled to commence operations in 2024, reflecting Boway Group’s swift trajectory in the solar energy sector.
Boway Group is renowned for its comprehensive range of solar panel and energy conversion module products. Their offerings include monocrystalline and polycrystalline panels, available in various specifications and sizes.
Equipped with advanced imported machinery, Boway Group’s state-of-the-art production lines adhere to meticulous on-site management processes. This ensures the consistent delivery of superior products, characterized by high conversion rates, exceptional stability, and minimal degradation.
Currently, Boway Group operates three companies dedicated to the solar energy field in the northern province of Bac Giang.