ICYMI: Hanwha Q CELLS Announces the Largest Single Investment in Solar Manufacturing in U.S. History
Today, South Korea-based solar manufacturer Hanwha Q CELLS announced the largest single investment in solar manufacturing in U.S. history – showcasing how President Biden's Inflation Reduction Act is delivering good jobs for the people of Georgia and across the country.
Q CELLS's investment of more than $2.5 billion to expand their Dalton, Georgia plant and to build a new plant northwest of Atlanta will create 2,500 jobs in Georgia.
This investment is a direct result of President Biden's Inflation Reduction Act, and just the latest in a series of major investments in American manufacturing thanks to the President's economic plan. These investments are a win for workers, consumers, and our climate.
See coverage below:
The Hill: White House touts biggest single investment in U.S. solar energy by Korean company
[Zack Budryk, 1/11/23]
Korean solar power company Q CELLS will spend over $2.5 billion to expand its Dalton, Ga., facility, the largest one-time investment in solar manufacturing in U.S. history, Biden administration officials announced Tuesday. White House officials projected the expansion, as well as a separate facility to be built northwest of Atlanta, will create about 2,500 jobs in the state. "Tomorrow's announcement will have a tangible impact for Georgia workers and Georgia's growing green economy," Sen. Raphael Warnock (D-Ga.) told reporters on a call Tuesday.
Bloomberg: Biden Push to Spur Solar Production Gets $2.5 Billion Boost
[Brian Eckhouse and Heesu Lee, 1/11/23]
Korean conglomerate Hanwha Solutions pledged to invest more than $2.5 billion in US solar manufacturing, a boost to the Biden Administration's efforts to reduce the nation's dependence on China for its panel supply.
Reuters: Korea's Hanwha QCells to invest $2.5 bln in U.S. solar supply chain
[Nicola Groom, 1/11/23]
South Korean solar energy company QCells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States, creating as many as 2,500 jobs in Georgia. The announcement by the solar division of conglomerate Hanwha Corp (000880.KS) is one of the biggest corporate manufacturing commitments since the passage of U.S. President Joe Biden's Inflation Reduction Act (IRA), which includes over $300 billion in subsidies to tackle climate change.
Associated Press: Korean Firm Plans $2.5B in New Solar Panel Plants in Georgia
[Jeff Amy, 1/11/23]
A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday. QCells, a unit of Hanwha Solutions, will build a new factory in Cartersville that will employ 2,000 people, with construction starting within weeks and production starting before the end of 2024.
New York Times: Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
[Ivan Penn, 1/11/23]
Hanwha QCells expects to make solar panels and their components in the United States to take advantage of President Biden's climate policies.
Wall Street Journal: U.S. Solar Manufacturing to Get $2.5 Billion Investment from South Korean Conglomerate
[Phred Dvorak, 1/11/23]
South Korea's Hanwha Group plans to spend $2.5 billion to build an entire solar-manufacturing supply chain in Georgia, the biggest solar investment spurred so far by the massive tax incentives the U.S. introduced last year.
Capitol Beat: Korean solar panel manufacturer investing $2.5 billion to expand Georgia operations
[Dave Williams, 1/11/23]
The commitment of more than $2.5 billion by Hanwha Q Cells, the largest-ever single investment in solar manufacturing in the United States, will create 2,500 jobs. The project is a direct result of new solar tax credits contained in the Inflation Reduction Act a then-Democratic controlled Congress passed last summer, President Joe Biden said in a prepared statement.
Atlanta News First: Georgia Secures $2.5B South Korean Solar Manufacturing Plant
[Tim Darnell, 1/11/23]
A South Korean solar battery plant is investing $2.5 billion to expand its Dalton plant and build a new facility in northwest Georgia, which White House officials said is the nation's single largest investment in solar manufacturing. Hanwha Q Cells' investment will also bring about 2,500 jobs to the state, according to an announcement made by U.S. Sen. Raphael Warnock and other Biden administration officials.
Atlanta Business Chronicle: Korean solar company QCells to invest $2.5B in Georgia plants
[Zach Armstrong, 1/11/23]
A large Korean solar manufacturer will invest over $2.5 billion in two plants in Northwest Georgia that could bring 2,500 jobs, according to the governor's office. Seoul-based solar company Hanwha Q Cells Co. Ltd. will construct the plants in Cartersville and Dalton, two cities about 50 miles northwest of Atlanta.
WTVC (ABC NW Georgia): 2,500 jobs coming from solar panel maker expansion in Dalton, northwest Georgia
[John Druckemiller, 1/11/22]
A South Korean-based solar panel manufacturer will soon expand its footprint in northwest Georgia, adding 2,500 jobs, White House officials announced Wednesday morning. Q Cells has been making solar panels in Dalton since 2019. It currently employs close to 1,000 people. But its Whitfield County plant will expand, and a new Q Cells plant is coming to Bartow County, two counties to the south, with a $2.5 billion investment from Q Cells.
UPI: QCells to invest $2.5B in Georgia solar panel production facility
[Daniel J. Graeber, 1/11/23]
Billed as the largest investment of its kind in U.S. history, QCells announced it would invest billions in Georgia to create a "complete solar supply chain in the United States." QCells said it would break ground soon on a facility that's expected to create nearly 2,500 new jobs in Georgia.
Atlanta Journal-Constitution: Solar Manufacture Qcells Confirms Historic Georgia Expansion Plans
[Drew Kann, Greg Bluestein, 1/11/23]
Solar panel manufacturer QCells is expected to announce an expansion in Dalton plus a massive new plant northwest of Atlanta in what could be the largest clean energy manufacturing investment in U.S history, multiple people with knowledge of the company's plans told the The Atlanta Journal-Constitution.
FOX 5 Atlanta: Solar Power Company Plans $2.5B Georgia Expansion, Hiring 2,500 New Workers
A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday.
Savannah Morning News: Korean Company Announces Largest Solar Investment in U.S. for Two Georgia Facilities
[Marisa Mecke, 1/11/23]
South Korean-based solar manufacturer Hanwha Q CELLS recently announced a $2.5 billion investment to expand its Dalton, Georgia solar plant and to build an additional plant in northwest Atlanta. The investment not only plans to bring 2,500 jobs to Georgia, but represents the largest single investment in solar manufacturing in the U.S.
Georgia Recorder: Georgia's Senators, Governor Trumpet Major Expansion by Solar Panel Maker Q Cells
[Jill Nolin, 1/11/23]
Solar panel manufacturer Q Cells plans to expand its Dalton plant – again – and build a new facility in Cartersville, which state leaders say is a $2.5 billion investment that will bring new 2,500 jobs to Georgia. It's also the latest in a string of high-profile green energy projects planned for the state.
Joseph R. Biden, ICYMI: Hanwha Q CELLS Announces the Largest Single Investment in Solar Manufacturing in U.S. History Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/359338