US Commits $1.45 Billion Loan to Boost Solar Manufacturing in Georgia

Qcells' new facility expected to create 2,000 jobs and enhance domestic solar panel production

The U.S. Department of Energy's loan will support Qcells' $2.5 billion solar manufacturing plant in Cartersville, Georgia.
The facility will produce solar panels and key components, potentially supplying half a million households annually.
This initiative is part of President Biden's plan to strengthen the U.S. clean energy sector and reduce reliance on imports.
Qcells' Cartersville plant will be the largest ingot and wafer production facility in the U.S.
The project aligns with incentives from the Inflation Reduction Act to bolster American-made solar equipment.