Hanwha Advanced Materials Georgia, Inc. plans to open a new manufacturing plant in Cartersville, Georgia. The company, which produces lightweight advanced materials for sustainable technology, will invest $147 million into the project, creating 160 new jobs in the process. Once the new facility is operational in 2024, Hanwha will be the only company in the U.S. producing encapsulant film, a material used in solar cells to increase panel durability. Hanwha will supply encapsulant film to Qcells, a solar panel manufacturer who recently announced plans to increase production capacity at its Georgia plant.
In a recent quote, Inhwan Kim, CEO of Hanwha Advanced Materials, said, “The products we make are an important piece of the clean energy supply chain puzzle, and we are excited to meet this need. Building our cutting-edge, advanced materials in Georgia will not only create new careers in solar but help bring more affordable, reliable clean energy to customers across the country.”
HG Park, President of Qcells North America, added, “Qcells is doubling down on building a complete, domestic solar supply chain, and this recent investment is critical to making that happen. Working with Hanwha Advanced Materials, our customers will soon be able to confidently know that the solar they buy from us was made right here in America.”
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.