Hanwha Q CELLS Completes U.S. Solar Hub... Cell Mass Production to Begin in July

Carterville Plant in Georgia Completes Production Line Construction
Vertical Integration Achieved from Ingot and Wafer to Cell and Module

Hanwha Solutions' Q CELLS Division announced on June 10 that it has completed the construction of the cell production line at its Carterville plant in Georgia, USA, and will begin mass production starting in July.

Hanwha Q CELLS US Cartersville Plant Overview. Hanwha Q CELLS

The Carterville plant finished equipment inspections and trial operations in May. With this, Hanwha Q CELLS has completed the establishment of its U.S. solar integrated production base, the "Solar Hub," which covers ingot, wafer, cell, and module manufacturing.

The Solar Hub is the only U.S. production site to vertically integrate the key solar value chain, from ingot and wafer to cell and module. Hanwha Q CELLS' production capacity in the United States has now expanded to 3.3 GW (gigawatts) each for ingots, wafers, and cells, and 8.6 GW for modules.

With the completion of the Solar Hub, Hanwha Q CELLS is expected to benefit further from U.S. solar manufacturing policies. The company projects it will receive approximately USD 675 million in Advanced Manufacturing Production Credit (AMPC) this year. If the Carterville plant operates at full capacity, this amount is expected to increase to USD 879 million in 2027, USD 929 million in 2028, and up to USD 1.1 billion in 2029.

The company also anticipates that the increased use of U.S.-made cells will help meet the Domestic Content Bonus Credit requirements of the U.S. Inflation Reduction Act (IRA). Power generation companies that satisfy these requirements are eligible for an additional tax credit equal to 10% of their total investment.

Hanwha Q CELLS continues to maintain a competitive edge in the U.S. solar module market. According to market research firm Wood Mackenzie, Hanwha Q CELLS achieved a 38.5% market share in the U.S. residential module market and a 15.5% share in the commercial module market, ranking first for eight consecutive years in the residential sector and seven consecutive years in the commercial sector.

Seungduk Park, CEO of Hanwha Q CELLS, said, "With the completion of the Solar Hub, we have established an integrated production system in the United States. We plan to further expand our presence in the U.S. market by leveraging our supply chain competitiveness."

This content was produced with the assistance of AI translation services.