Qcells investing US$2.5 billion to establish US ingot, wafer, cell and module supply chain

Workers at Qcells’ 1.7GW module assembly plant in Georgia. Image: Qcells.

Qcells plans to establish a fully integrated US solar manufacturing supply chain, aiming to manufacture solar ingots and wafers in the country as well as expand its module supply capacity.

Qcells’ parent company, Hanwha Solutions, said that it intends to break ground on a 3.3GW of ingot, wafer, cell and module manufacturing plant in Bartow County, Georgia, in Q1 2023 and reach 8.4GW of module production in the state by 2024.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The company is planning an expansion to its operations in Dalton, Georgia, to produce an additional 2GW of modules as well as its previously announced 1.4GW module fabrication plant in the state.

The announcement constitutes an investment of around US$2.5 billion, and was heralded by state Senator Jon Ossoff as the “largest” clean energy manufacturing investment in American history.

Qcells currently has 10GW of cell and 12.4GW of module capacity globally. This expansion, including the previously unveiled 1.4GW site, would add 3.3GW of cell production and 6.7GW of module production to its arsenal by 2024, in addition to establishing its first 3.3GW of ingot and wafer manufacturing capacity.

Hanwha also recently became the leading shareholder in polysilicon producer REC Silicon. The polysilicon manufacturer appointed an ex-Qcell’s executive as its CFO last October.

“As demand for clean energy continues to grow nationally, we’re ready to put thousands of people to work creating fully American made and sustainable solar solutions, from raw material to finished panels,” said Justin Lee, CEO of Qcells.

“We are committed to working with our customers as well as national and Georgia state leaders to bring completely clean energy to millions of people across the country.”

It is no surprise that the announcement directly cites the driving influence of the Inflation Reduction Act (IRA), the US$369 billion package containing significant tax credits for domestically manufactured renewable energy.

QCells forecasts that these expansions will generate US$875 million a year by 2024 in per-unit tax credits offered by the IRA through the advanced manufacturing production credit (assuming that all of its capacity is produced and sold).

22GW of US module and cell manufacturing plans have been announced since the IRA passed last August, but this marks the first foray of any company into a fully integrated upstream wafer and ingot manufacturing chain in the US.

Qcells cited research by Wood Mackenzie forecasting that the US will be installing 33GW of solar PV a year by 2024. Incidentally, Hanwha Qcells was one of four companies not found to be circumventing US import tariffs from Southeast Asia last month.

12 March 2024
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
21 March 2024
This special webinar will look at one of the most important changes impacting PV manufacturing today; how to establish and sustain new facilities around the world. For more than two decades, policy-makers have grappled with the challenges of nurturing domestic manufacturing sectors. Many countries have tried to create domestic sectors: Japan, Taiwan, South Korea, India, Europe and the U.S. But success stories have been rare. Mistakes seem to be repeated. And all the while, Chinese dominance of the industry has only increased. However, in the past 2-3 years, new drivers have emerged that suggest the dream of a global PV manufacturing ecosystem could be a reality. Join us as we shed light on this.
21 May 2024
Understanding the PV module supply to the U.S. market in 2024 & 2025. The conference gathers together developers, independent power producers and module suppliers to the U.S. solar market as well as EPCs, banks, investors, technical advisory and testing & certification specialists.
8 October 2024
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
26 November 2024
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 28, 2024
Seattle, USA
Solar Media Events, Industry Events
March 12, 2024
Frankfurt, Germany
Upcoming Webinars
March 13, 2024
9am EDT / 1pm GMT / 2pm CET
Solar Media Events
March 19, 2024
Texas, USA