The Inflation Reduction Act has spurred major investments in U.S. clean energy manufacturing, with automakers and battery manufacturers allocating tens of billions for increased EV production last year, and now solar following suit.
Hanwha Qcells, a Korean solar manufacturer, today announced an investment of $2.5 billion to build a new plant and expand an existing one in Georgia.
Qcells’ Georgia facilities are set to become a leader in solar manufacturing, employing 2,500 people and producing 8.4 gigawatts of solar panels annually – 3.3 from the new plant and 2 from expansion at the other plant. This is enough to meet nearly one-fifth of current U.S demand for solar energy!