Qcells to expand U.S. module manufacturing capacity with new 1.4-GW factory
The largest manufacturer of crystalline silicon modules in the United States gets even bigger. Hanwha Solutions, the company behind Qcells, has announced that it will invest $170 million in a new US solar module assembly plant with a production capacity of 1.4 GW. Qcells already operates a 1.7 GW module factory in Georgia.
The new factory, whose location the company has not yet announced, should come online in the first half of 2023. This will bring Qcells’ total US capacity to 3.1 GW.
Hanwha will also expand its cell production capacity in South Korea by investing $150 million to expand its existing plant. When the expansion plan is completed, total cell capacity in South Korea will total 5.4 GW. In order to further improve the solar panel manufacturing process and make it more low-carbon, Hanwha will source low-carbon polysilicon from manufacturers around the world. The company has relationships with Korean polysilicon manufacturer OCI and Norway-based Washington-based REC Silicon.
“Increasing uncertainties tell us that securing reliable, sustainable energy is more important than ever before,” said Justin Lee, CEO of Hanwha Qcells. “To do this, Qcells will increase the supply of renewable resources from diversified sources and find cleaner ways to produce energy. In this way, we contribute to both energy security and net zero emissions.”
Following these two expansions in module and cell production capacity, Hanwha plans to continue investing in the US solar supply chain, including wafers and cells.
Ensuring policy certainty is critical to achieving our goal of rebuilding the U.S. solar value chain,” said Lee. “With our relentless efforts to provide reliable, sustainable energy, we will do our utmost to make Qcells the trusted choice for the US solar market.”
View a list of US module manufacturers here.