GoodWe Strengthens Global Presence with First Overseas Factory in Vietnam

GoodWe Strengthens Global Presence with First Overseas Factory in Vietnam
Photo by Anders J / Unsplash

GoodWe, a Chinese manufacturer of solar inverters, recently celebrated the inauguration of its new factory in Vietnam. This significant development marks a major step forward for GoodWe's global ambitions.

The factory, which spans an impressive 14,800 square meters, is designed in two phases. Phase I boasts production lines with a projected annual capacity of 5GW upon reaching full operation, focusing on grid-tied and hybrid inverters. Establishing local production in Vietnam allows GoodWe to enhance its price competitiveness in the global market.

Investor

GoodWe

Outbound region

China

Inbound region

Vietnam
South East Asia

Industry

New energy

Date of record

14 March 2024

Read more