+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
*/
{megaLeaderboard}
{normalLeaderboard}
News Article

Qcells to invest $2.5B to build complete US solar supply chain

News

Solar manufacturer Hanwha Q Cells has announced that it will invest more than $2.5 billion in building up the U.S. solar supply chain and creating 2,500 jobs in Georgia, in what the company and federal and state officials say is the largest such investment in U.S. history.

The subsidiary of South Korean industrial group Hanwha Corp. unveiled plans to build a second plant in Georgia that will manufacture 3.3 GW of solar components and panels a year.

The company also plans to assemble an additional 2 GW a year of solar panels at its original plant in Dalton, Georgia to reach 5.1 GW of annual production by 2023, as it works to reach a goal of 8.4 GW of total annual solar panel production capacity by 2024.

Qcells plans to break ground on the second plant, in Bartow County, in the first quarter of 2023 and begin commercial production by late 2024.

The company’s Dalton factory was producing 1.7 GW of solar modules each year and is being overhauled to increase output to 3.1 GW as Qcells raises its U.S. output by a total of 6.7 GW over the next two years.

In Qcells’ release, U.S. Sen. Jon Ossoff, D-Georgia, called the expansion “the largest clean energy manufacturing project in American history” and celebrated the company’s plan to create almost 2,500 jobs in his state.

U.S. Sen. Raphael Warnock, D-Georgia, said the announcement follows “months of close collaboration with Qcells, Senate leadership, and the administration to make the Solar Energy Manufacturing for America Act a reality.”

The Solar Energy Manufacturing for America Act was sponsored by Ossoff and included in the Inflation Reduction Act, adding a new tax credit for domestic production of solar components including photovoltaic cells and wafers.

Qcells’ announcement comes as the solar industry is experiencing global supply constraints from an ongoing tariff investigation, the enactment of the Uyghur Forced Labor Prevention Act, and the lingering impacts of the pandemic on the supply chain.

As solar panel supply has become less certain, demand is rising after the Inflation Reduction Act extended and increased a number of tax credits for solar projects and manufacturing.

“The demand for American-made solar panels is increasing rapidly driven by the efforts to ensure energy independence, and Qcells’ domestic manufacturing expansion will fulfill the growing need for these clean energy solutions,” the company said.

Jackery launches newest solar generator
Lightsource bp, Schroders Greencoat and H&M Group solar partnership powers up
Lightsource bp, Schroders Greencoat and H&M Group solar partnership powers up
Enviromena’s first solar farm in the UK is switched on
Enphase Expands IQ8 Microinverter Deployments in Netherlands
UK solar innovator Naked Energy continues European expansion
Qcells to invest $2.5B to build complete US solar supply chain
Sonnedix acquires a 300MW solar PV portfolio from Lightsource bp
Octopus Energy acquires Zestec Renewable Energy
ib vogt starts construction on 149 MWp project in Spain
NTR achieves commercial operation at 86MW Norra Vedbo Wind Farm
k-Space Glass Breakage Detection System for Glass and Solar Panels Also Verifies Color
Business Rating Revaluation for England & Wales could have a big impact on solar
Veolia awarded £27 million contract to cut carbon and energy costs for NHS
Hitachi Energy hands over North Sea Link, the first interconnector between Norway and the UK
Anesco to deliver 49.9MW solar farm for EDF
Nestlé and BayWa r.e. sign PPA for solar park in Spain
Construction of 36 MW UK Subsidy-Free Solar Plant
SolarEdge Puts Renewable Energy on the Curriculum for 11 schools
Solartech pioneer Solivus lands £2.4 million investment
Anesco gets the green light for trio of solar farms
Q CELLS modules for Europe’s first solar-powered aircraft charging point
Lightricity – A brighter future without battery power
Effective Energy Group launch new scheme
Britishvolt and Glencore agree to build battery recycling ecosystem in the UK
ScottishPower becomes a leading UK solar developer
Top tips for solar installation troubleshooting using the Fluke 393 FC CAT III 1500 V Clamp Meter
From fuel to photovoltaics
New project to develop anti-soiling coating for solar modules to increase power output
SolarEdge To Showcase SolarEdge Home, the New End-to-End Smart Energy Solution for the Home, at Solar & Storage Live 2021
Securing the safety and reliability of solar and wind farms
Major solar PV project set to cut carbon in Coventry appoints partner engineer
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: