Qcells Supplier Hanwha to Invest $147 Million in Georgian Facility

Highlights :

  • The new facility by Hanwha will supply clean energy company Qcells with encapsulant film.
  • Also, Hanwha will be the only company in the United States manufacturing solar encapsulants.
Qcells Supplier Hanwha to Invest $147 Million in Georgian Facility USA has welcomed the largest community solar project in the history of the country.

Hanwha Advanced Materials Georgia, a manufacturer of lightweight advanced materials for sustainable technology, will invest about $147 million in a new manufacturing facility to supply the Qcells facility in Cartersville.

Georgia Governor Brian Kemp said that the Hanwha investment will create more than 160 new jobs in the City of Cartersville.

Hanwha Advanced Materials Georgia, is a subsidiary of Hanwha Group and will supply Qcells with encapsulant film. These materials are used in solar cells to ensure long-term panel durability. Hanwha will be the only company in the United States manufacturing solar encapsulants.

“The products we make are an important piece of the clean energy supply chain puzzle, and we are excited to meet this need,” said Inhwan Kim, CEO of Hanwha Advanced Materials. “Building our cutting-edge, advanced materials in Georgia will not only create new careers in solar but help bring more affordable, reliable clean energy to customers across the country.”

“Qcells is doubling down on building a complete, domestic solar supply chain, and this recent investment is critical to making that happen,” said HG Park, President of Qcells North America. “Working with Hanwha Advanced Materials, our customers will soon be able to confidently know that the solar they buy from us was made right here in America.”

Hanwha will construct a new manufacturing facility located at a Georgia Ready for Accelerated Development (GRAD) certified site. The facility is predicted to come online in Summer 2024.

Mayor of Cartersville Matt Santini, added on Hanwha development, “Our mix of industries in Cartersville and Bartow County is further diversified by adding them to our local mix, and one of our goals from the beginning was to recruit world-class companies to our area. This helps accomplish this goal. It is also important to note that this is another clean energy company coming to our community, illustrating the growth and importance of that market.”

The Georgian Solar Story

As a top ten state for solar energy production, solar photovoltaic is the fastest-growing source of energy in Georgia, which the Solar Energy Industries Association ranked seventh by cumulative solar capacity in 2022.

To reduce supply-chain barriers to the growth of the solar industry, companies like Qcells are dedicated to building a comprehensive solar value chain in the US.

In January, Qcells announced it would expand its solar panel production capacity in Georgia to 8.4 GW, 3.3 GW of which will be manufactured at the Bartow County facility by 2024.

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