Korean Firm Plans to Invest $2.5 Billion to Build New Solar Panel Plants in Georgia

A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday.

Qcells, a unit of Hanwha Solutions, will build a new factory in Cartersville that will employ 2,000 people, with construction starting within weeks and production starting before the end of 2024.

The company also announced a third phase of its Dalton plant, already the largest maker of solar panels in the Western Hemisphere. Qcells will add nearly 500 jobs in Dalton, raising employment above 1,500 once all expansions are complete there.

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