US Solar Capacity Gets Boost From $147 Million Hanwha Plant
- Biden credits his climate law for Georgia solar investments
- Company announced $2.5 billion US solar investment in January
Solar cells at the Hanwha manufacturing facility in Dalton, Georgia.
Photographer: Elijah Nouvelage/BloombergHanwha Solutions Corp. plans to spend $147 million on a plant in Georgia that supplies material for panels, drawing cheers from President Joe Biden who credits his climate law for jumpstarting efforts to build a solar supply chain in the US.
Its Hanwha Advanced Materials Georgia unit expects the facility to go into production in June 2024, according to a statement Thursday. It will supply encapsulant film that sister company Hanwha Qcells will use at a nearby site.
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US Solar Capacity Gets Boost From $147 Million Hanwha Plant