INDUSTRY NEWS

DOE backs Qcells with US$1.45 billion loan for Georgia manufacturing hub

2024-08-12

Qcells also operates a 5.1GW module production facility in Dalton, Georgia, as well as a solar encapsulant plant in Bartow County. Image: QCells.

The US Department of Energy (DOE) has issued a US$1.45 billion loan to Korean-owned solar manufacturer Hanwha Qcells to support its vertically integrated manufacturing facility in Cartersville, Georgia.

The Loan Programs Office (LPO) of the DOE announced the conditional loan guarantee yesterday, to be delivered through its Title 17 Clean Energy Financing programme which finances energy supply chain projects and investments in existing energy infrastructure.

 

(The above content is reproduced from pv-tech,By  Will Norman)

 

 

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