The Inflation Aid Act has obviously kickstarted funding in U.S. blank power production. Closing 12 months, automakers and battery producers introduced that they’d spend tens of billions of greenbacks to ramp up EV manufacturing within the U.S. Now it’s sun’s flip.
Nowadays, Korean sun producer Hanwha Qcells introduced that it’ll spend $2.5 billion to construct a brand new plant in Georgia and make bigger an current one.
The brand new plant will crank out 3.3 gigawatts of sun panels once a year. That’s sufficient to provide just about a 5th of present U.S. call for. Growth on the different plant will upload some other 2 gigawatts of capability. When finished, Qcells’ Georgia amenities will make use of 2,500 other folks and can have the ability to making 8.4 gigawatts of sun panels, cementing the Peach State’s standing as a pacesetter in sun production.
Qcells’ new campus received’t simply be a last meeting plant, both. It’ll care for with reference to the entirety, from turning polysilicon into ingots, reducing ingots into wafters, turning wafers into cells and packing cells into panels. It’s a degree of vertical integration this is seldom observed within the U.S.