Company/Division name | Qcells |
Parent company | Hanwha Group |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2500 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Atlanta |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | solar components |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market |
Government Incentive dollar amount: | U.S.’s clean-energy legislation |