About VSUN

Empowering the Future

Company Introduction

Engineered in Japan


VSUN is a Japanese-invested solar solution provider, with a vertically integrated supply chain, We provide more than just the best products, including wafer, solar cell and modules. VSUN offers reliable and efficient solar products and services globally.


Global Presence


Abalance Group, the parent company of VSUN, is founded in 2006 in Japan, and focuses on the area of Green Energy, Construction Machinery, and Information Technology. VSUN has manufacturing bases in Vietnam, and branches offices in North America, Europe, and Asia. VSUN' s global presence covers our customer needs world-wide.


Innovative & Smart – VSUN has been committed to providing greener, cleaner, and more intelligent renewable energy solutions. It is focusing on the new energy market and the development of customized and efficient products.

Mission

Provide the world with green and clean energy

VSUN has been committed to providing greener, cleaner, and more intelligent renewable energy solutions. It is focusing on the new energy market and the development of customized and efficient products.

Vision

Create value for customers, happiness for employees

Customer-centric, focus on value creation; Set up a platform for employees to realize their value of life and establish a decentralized and profit-sharing system.

2015

Establishment of VSUN

2017

· Rewarded high-tech enterprise
· Significant expansion of production capacity

2018

· Establishment of VNREE.

2019

· VSUN was listed on BNEF Tier 1 Manufacturer.
· Production lines were upgraded to 166mm-series module compatible.

2020

· Serval 100MW+ utility projects were using VSUN modules.
· Production lines were upgraded to 210/182mm-series module compatible.

2021

· Top Performer by PVEL
· Bronze Medal by Ecovadis
· Environmental Disclosure to CDP

2023

Phase l 4GW solar cell production site started operation in August.

2024

2GW Solar Wafer production site starts operation in April.

TOYO, affiliated company of VSUN, acquired solar module manufacturing facility in Texas.

2025

TOYO Solar sets up a 2GW Solar Cell Manufacturing Facility in Ethiopia, which has started the operation in March, 2025(Phase I); Another 2GW solar cell manufactory in Ethiopia is expected to start operation by the end of Q3, 2025(Phase II).

TOYO Solar has started operation in the module manufactory facility in Texas, U.S. in April, 2025.

2015
2017
2018
2019
2020
2021
2023
2024
2025

VSUN's holding company from Japan, Fuji Solar, is a Japanese company focusing on the development, investment, maintenance in solar energy industry. Fuji Solar has hands-on experience in a truly comprehensive scope of solar services that span on the entire solar development process. Fuji Solar provides turnkey engineering, procurement and construction (EPC) solutions for solar projects and procures modules for its own projects in Japan.

Fuji Solar’s mother company, Abalance Group, focuses on the area of Green Energy, Construction Machinery, Information Technology. Abalance Corporation<3856>(hereafter, also “the Company”) in the Abalance Group is a comprehensive renewable energy company that is promoting ESG and SDGs. For its mainstay solar power generation operations, the Group conducts every aspect, from planning and development to construction, sales, maintenance, and electric power sales, and it aims to have a power generation capacity of 1GW by 2030. With VSUN’s annual production capacity of 3.8GW. Company enters among the top positions in the global rankings and is top class among Japanese companies. In March 2017, it made a wholly owned subsidiary of VALORS Corporation, which conducts a business of solar power plants. Moreover, it made a consolidated subsidiary of its equity-method affiliate FUJI SOLAR Corporation, through which this company’s subsidiary VSUN, a major manufacturer of solar panel modules in Vietnam, also became the Group’s consolidated subsidiary.

Vietnam Renewable Energy Engineering Co. Ltd (VNREE)

VNREE is VSUN's Clean Energy Solutions Provider. VSUN provides one-stop EPC services including project design, procurement, construction, maintenance etc.

Projects Development

Asset Sales & Investment

Engineering, Procurement & Construction(EPC)

Operation & Maintenance (O&M)

Equipment Trading & Distribution(ETD)