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

Korean Firm Plans $2.5 Billion in New Solar Panel Plants in Georgia
Special mounted solar panels are installed over a biological apple fruit tree plantation in Gelsdorf, western Germany, on Aug. 30, 2022. Martin Meissner/AP Photo
The Associated Press
Updated:

ATLANTA—A South Korean solar panel maker said Wednesday that it will invest more than $2.5 billion to build factories in Georgia in what it says is the largest solar investment in American history.

Qcells, a unit of Hanwha Solutions, projects it will supply about 30 percent of total U.S. solar panel demand by 2027, including making solar panel components usually manufactured outside the United States.