Qcells Lands Largest Community Solar Order In US History
to build two new US factories in Georgia, one in Cartersville and the other near an existing facility in Dalton, which Qcells called “the largest clean energy investment in American history.” The Cartersville factory will be used primarily to convert raw silicon into polysilicon which will then be turned into ingots. Those ingots are then sliced into wafers that are converting converted into the solar cells that make solar panels or modules.
The company projects it will supply about 30% of total U.S. demand for solar panels by 2027. The new plan is being driven by tax credits provided by the Inflation Reduction Act signed into law last year. The new panels will likely be used for community solar projects proposed for Illinois, Maine, and Maryland.
The big story here is that the vast majority of the steps needed to make a solar panel — from producing raw silicon to making solar cells — take place in China today. Qcells has been talking about expanding its operations in Georgia for over a year, but what got it to move forward was the Inflation Reduction Act.
“All these credits stack,” Moskowitz said, with each stage in the process adding tax credit value to the final product. Taken together, they could cover about half the cost of producing a solar panel. “What SEMA was designed to do is make U.S. solar manufacturing and products competitive with anyplace in the world,” Moskowitz added.
Since the passage of the Inflation Reduction Act last year, more than 100,000 clean energy jobs have been announced in 31 states with over 90 new clean energy projects in small towns and bigger cities nationwide totaling $89.
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