Growatt has opened the first phase of a new factory in Haiphong, Vietnam. According to the manufacturer, the new plant will produce photovoltaic inverters and storage batteries, with an expansion plan to reach an annual production capacity of 500 units of inverters and 100 units of batteries.
“The opening of our factory in Vietnam is a milestone in the globalization strategy of our operations. The Vietnam factory is intended to expand production capacity to serve our global customers,” the company told Canal Solar.
During the groundbreaking ceremony for the new facility, President and CEO David Ding highlighted that the opening of the factory in Vietnam is an exciting milestone for Growatt.
“We have invested heavily in the globalization of our distribution and service networks over the years, and by opening this new factory, we are increasing our production capacity and strengthening our ability to provide reliable, quality products to customers,” he said.
According to the executive, the company's experience in automated and digital manufacturing and quality control will be crucial as it continues to increase production at the new factory.
“With the energy transition well underway, we aim to advance our technologies and expand our manufacturing capacity to enable homes, businesses and communities around the world to benefit from sustainable energy,” added Ding.