US Solar Capacity Gets Boost From $147 Million Hanwha Plant (1)

Hanwha Solutions Corp. plans to spend $147 million on a plant in Georgia that supplies material for panels, drawing cheers from President Joe Biden who credits his climate law for jumpstarting efforts to build a solar supply chain in the US.

Its Hanwha Advanced Materials Georgia unit expects the facility to go into production in June 2024, according to a statement Thursday. It will supply encapsulant film that sister company Hanwha Qcells will use at a nearby site.

Qcells announced in January plans for a $2.3 billion solar factory in Georgia that will produce wafers, cells and panels and another ...