Toledo Solar

Toledo Solar (Toledo Solar Inc.) is the only U.S. manufacturer of Cadmium Telluride (CdTe) thin film photovoltaic panels targeting both residential and commercial rooftop markets. Based in Perrysburg, Ohio - the birthplace of CdTe solar technology, which was invented and commercialized in the Toledo region over three decades ago - Toledo Solar carries forward that legacy as the newest American PV manufacturer. Their panels are 100% U.S. owned, operated, and manufactured at their facility at 1775 Progress Drive, with an annual production capacity of 100 MW. Beyond standard rooftop systems, the company is developing next-generation semi-transparent solar windows, skylights, sunroofs, greenhouse panels, and farm canopies that expand the addressable market for solar generation.

Toledo Solar is strategically significant to the U.S. energy supply chain because CdTe thin film manufacturing has historically been dominated by a single large American player (First Solar), leaving limited domestic competition or redundancy. Toledo Solar fills a critical gap by offering a U.S.-made CdTe alternative at the residential and light commercial scale - segments First Solar does not serve. Their technology benefits from the deep regional expertise in CdTe manufacturing concentrated in the Toledo, Ohio area, and their team brings decades of hands-on experience in this specific PV chemistry. The company distributes through a network of regional installation partners, providing American solar installers with a domestically sourced panel option.

Toledo Solar has received grant funding from the U.S. Department of Energy's Solar Energy Technologies Office (SETO), reflecting federal recognition of the importance of diversifying domestic thin film solar manufacturing. With 7 funding rounds on record (per Crunchbase) including both venture and grant funding, the company is in active growth mode. As the Inflation Reduction Act and broader energy independence initiatives drive demand for Made-in-America solar products, Toledo Solar's 100% domestic manufacturing position and unique CdTe thin film expertise for the rooftop market make it a notable emerging player in the U.S. clean energy supply chain.