Investment Projects

Expanded Capacity for solar glass market

In 2018 NSG Group announced the plan to invest a total of approximately 38 billion yen in the expansion of production capacity of online TCO (transparent conductive oxide) coated glass to support the growing solar market. The investment funded the upgrade and restart of a dormant float line in Vietnam and the construction of a new glass production facility in the United States.

 

   

VGI - Vietnam

In 2020 NSG's Solar Glass Float Furnace in Vietnam started operations

With the expanded supply capability for VA products, such as solar glass and other products, NSG Group intends to drive its growth strategy while supporting the expansion of renewable energy.

 

In line with this, the float furnace to produce TCO (transparent conductive oxide) coated glass for solar panels started operation in 2020. The previously dormant float furnace was upgraded to expand production capacity of TCO glass to support the growing solar market.

 

TCO glass production at VGI has been positioned to support a long-term supply agreement with First Solar, the world’s leading provider of comprehensive photovoltaic (PV) solar system.

Manufactured with the online coating technology, in which a conductive oxide on the glass surface is formed during its passage through the float line, NSG’s TCO glass is very durable with a wide range of applications.

 

Luckey, Ohio - North America

Construction site of a new plant for solar glass in Luckey, Ohio

In 2018, NSG Group announced construction of its first new float glass plant in the United States in nearly 40 years. The investment followed confirmation of a long-term supply agreement with First Solar, a leading provider of comprehensive photovoltaic (PV) solar systems.


The new U.S. 500,000 square foot facility, located in Luckey, Ohio, will have a melting capacity of 600 tons per day and will produce online TCO (transparent conductive oxide) coated glass to support the growing solar market. Construction began in the first half of 2019 and continues with a planned start up by the end of 2020.