Solar solution company Toyo Co., Ltd. (TOYO) Tuesday announced the execution of a $150 million contract to supply high-efficiency solar cells to a prominent solar module manufacturer.
As per the agreement, Toyo will deliver its solar cells to support the customer's expanding solar module production both in India and in the U.S.
The agreement is expected to yield increased capacity for production and a strengthened market position.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.