Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) soon ki Lee Journalist = Hanwha Solutions will invest 3.2 trillion won to target the North American solar power market, which is expected to grow by around 20% annually, to create an integrated solar power production complex in Georgia, USA.

Hanwha Solutions will establish separate factories that produce ingots, wafers, cells, and modules each with an annual capacity of 3.3GW. Modules, which currently have an annual production capacity of 1.7GW, will expand to a total of 8.4GW through additional expansion of production line.

Hanwha Solutions will first invest a total of 3 trillion won in Cartersville, Georgia, and build an integrated production complex for ingots, wafers, cells, and modules each with a capacity of 3.3GW, with the goal of commercial production at the end of next year.

Along with this, Hanwha Solutions will expand the annual production capacity of Dalton plant, which started mass production of modules in 2019, from the current 1.7GW to 5.1GW by the end of this year. It plans to complete the expansion of 1.4GW production line during the first half of this year, and additionally increase the production capacity by 2GW by the end of the year.

When Hanwha Solutions completes the new expansion of its Dalton and Cartersville plants at the end of next year, its local module production capacity will increase to a total of 8.4GW. 8.4GW is the largest production capacity in North America for a solar power company that makes silicon cell-based modules, and is the amount of electricity that about 1.3 million households in the U.S. can use for a year.

NSP News Agency soon ki Lee Journalist s8789@nspna.com
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