# Nippon Sheet Glass invests $365M to expand solar glass production in Vietnam and US

Nippon Sheet Glass will invest JPY 40 billion ($365 million) to restart an idle factory in Vietnam (mid-2019) and build a new factory in the US (H2 fiscal 2020) to produce solar glass, raising capacity by about 30%. It will also sign a long-term supply agreement with First Solar.

- Type: Investment
- Announced: 2018-05-14
- Where: Vietnam (idle factory); US (new factory, site not chosen), Vietnam
- Value: $365.0M
- Starts operating: Q3 2019
- Status: announced
- Capacity: 30% increase in solar glass capacity
- Products: solar glass (glass coated with transparent conductive film)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nippon Sheet Glass](https://endata.com/companies/31862.md)
- [First Solar](https://endata.com/companies/11148.md) (customer)

## Sources

- [glassonline.com](https://www.glassonline.com/nippon-sheet-glass-invests-in-solar-glass-to-raise-global-output/), 2018-05-14: "Nippon Sheet Glass will invest around JPY 40 billion (USD 365 million) to expand production of solar glass, as growing demand for renewable energy reaches Japan’s material makers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.