Hoymiles Inaugurates Mexico Manufacturing Facility, Strengthening Support for North and Latin America

September 18, 2024 10:13 AM BST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 Hoymiles Inaugurates Mexico Manufacturing Facility, Strengthening Support for North and Latin America
Image source: Kalkine Media

MONTERREY, Mexico, Sept. 18, 2024 /PRNewswire/ -- Hoymiles, a world-leading provider of PV & energy storage solutions, officially inaugurated its first overseas manufacturing facility in Monterrey, Mexico, marking a significant milestone in the company's global expansion strategy.

Located in the Vynmsa Industrial Park, just 6 kilometers from the airport, the 6,700-square-meter facility is equipped with comprehensive production resources, including dedicated PCBA, materials, and finished goods warehouses. With a current workforce of 170 employees, the facility is designed to maximize both production efficiency and quality.

Hoymiles Mexico Factory
Hoymiles Mexico Factory

The factory will focus on producing microinverters, such as the HMS-2000-4T and HMS-2000DW-4T series, for both residential and commercial solar applications. With an initial annual production capacity of 500,000 units, the facility is set for future expansion, aiming to double its output with additional production lines. This expansion will help Hoymiles better address the growing renewable energy needs of the region.

The opening of this facility represents more than just an increase in manufacturing capabilities; it reflects Hoymiles' strategic vision for localized production. By being closer to key markets, Hoymiles will improve service responsiveness, reduce delivery times, and offer more competitive pricing while ensuring high-performance products that meet local demands.

Hoymiles CEO Dr.Yang Bo remarked, "The Monterrey facility is a significant milestone and demonstrates our commitment to supporting renewable energy transitions in North and Latin America. This factory will be crucial in meeting the region's growing needs for solar and energy storage solutions."

Guy Rong, Vice President of Hoymiles added, "This new facility marks a new chapter for Hoymiles, enabling us to provide better services for the local market and position ourselves as a key player in the renewable energy landscape."

Hoymiles Mexico
Hoymiles Mexico

The Monterrey facility is significant for enhancing Hoymiles' service capabilities in the Americas and aligns with its dedication to adapting to industry changes and market demands. The facility will streamline operations, improve service efficiency, and reinforce Hoymiles' commitment of "Open Energy for All".

About Hoymiles

Founded in 2012, Hoymiles is a clean energy solution provider, specializing in module-level inverters and storage systems. With a vision of a clean, sustainable future, the company strives to drive innovation in the smart energy industry with its high-performance, accessible products. For more information, please visit www.hoymiles.com.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (“Kalkine Media, we or us”) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalized advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AI on the Rise: A Look at Top AI Companies and Their Stocks

Recent Articles

Investing Tips

Previous Next