Qcells Invests $2.5 Bn in Building Complete Solar Supply Chain in US

Qcells announced it will invest more than $2.5 billion to build a complete solar supply chain in the United States.

The company’s commitment to the clean energy economy in America will create nearly 2,500 direct jobs in Georgia.

The announcement marks the largest investment in the history of American solar and sets Qcells up as the only company in the U.S. to establish a fully-integrated, silicon-based solar supply chain from raw material to finished panel.

In the first quarter of 2023, Qcells will break ground on a new, state-of-the-art facility in Bartow County, Georgia that will manufacture 3.3 gigawatts (GW) of solar ingots, wafers, cells, and finished panels, respectively.

The Company will also assemble an additional 2 GW of solar panels at its Dalton, Georgia facility, which is the largest solar panel manufacturing plant in the Western Hemisphere. The investment is expected to bring Qcells’ total solar panel production capacity in Georgia to 8.4-gigawatt by 2024.

The announcement, made by Qcells’ parent company Hanwha Solutions, headquartered in Seoul, represents its largest clean energy investment to date in the U.S. and beyond.

With this, the company aims to accelerate the United States’ renewable energy transition and domestic manufacturing expansion amidst the country’s push for Made-in-American clean energy solutions.

“As demand for clean energy continues to grow nationally, we’re ready to put thousands of people to work creating fully American Made and sustainable solar solutions, from raw material to finished panels,” said Justin Lee, CEO of Qcells. “We are committed to working with our customers as well as national and Georgia state leaders to bring completely clean energy to millions of people across the country.”