Qcells Solar Factory in Georgia Gets $1.45 Billion Loan Guarantee

URLhttps://cleantechnica.com/2024/12/19/qcells-solar-
Sourcecleantechnica.com
Date Published12/19/2024

Additional Reshoring Information:

Company/Division name Qcells
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1650
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):1450
Country(ies) from which reshored:Korea, South
City reshored to:Cartersville
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredingots, wafers, cells
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Skilled workforce availability/training
Government Incentive dollar amount:$1.45 Billion loan
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