Summit Ridge Energy and Qcells Expand Historic U.S. Community Solar Partnership with 2 GW Commitment

URLhttps://us.qcells.com/blog/summit-ridge-energy-and
SourceQcells
Date Published06/20/2024

Additional Reshoring Information:

Company/Division name Summit Ridge Energy w Qcells
Parent companySummit Ridge Energy w Qcells
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Country(ies) from which reshored:Korea, South
City reshored to:Arlington
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar panels and cells
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Govt. Policy and subsidies, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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