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Released January 08, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As Donald Trump readies for another presidential term, many observers of the power-generation industry are wondering about the future of renewables. Hanwha Qcells Company, a subsidiary of Hanwha Solutions (Seoul, South Korea), has reasons to be optimistic: Its U.S. arm recently received a loan guarantee from the federal government to support a major solar panel-manufacturing facility, which Hanwha says has the potential for more than $2 billion in annual sales. Industrial Info is tracking more than $11 billion worth of active and planned projects across the U.S. from Hanwha Group, including both component-manufacturing and power-generation developments.
Click on the image at right for a graph detailing active and planned projects across the U.S. from Hanwha Group, by project type.
Construction on Hanwha's $2 billion solar photovoltaic module plant in Cartersville, Georgia, began in early 2023. It is designed to produce 3.3 gigawatts (GW) of modules per year for domestic and global markets. Based in Cartersville's Highland 75 Industrial Park, the facility, nicknamed "Solar Hub", is "taking shape at a steady pace," according to a press release from Hanwha. "Once the Cartersville factory is fully operational in 2025, Hanwha will be the only company in North America to produce all the key components across the solar supply chain."
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project and Plant databases can learn more from a detailed project report and plant profile.
The project received a significant boost last month when the U.S. Department of Energy's (DOE) Loan Programs Office finalized a $1.45 billion loan, as part of the Inflation Reduction Act's Advanced Manufacturing Production Tax Credit. In a press release, Hanwha said the DOE's support "highlights the importance of this critical industry, and the collective effort needed to ensure American manufacturers have a chance to compete on a global scale and see long-term success."
Concurrently with the module-manufacturing plant, Hanwha is constructing a $147 million film-manufacturing plant in the same industrial park. The development comprises two buildings for manufacturing and a warehouse that will produce and store the encapsulant film, which is composed of ethylene vinyl acetate, used in solar panels. Subscribers can learn more from a detailed project report.
In addition to its component-manufacturing projects, Hanwha is at work on a series of solar-generation projects across the U.S. that use Hanwha's Qcells technology. These include the $230 million Black Hollow Solar Plant in Severance, Colorado, which is designed to use 540,000 single-axis, crystalline silicon photovoltaic (PV) modules from Qcells to generate 150 megawatts (MW). Subscribers to Industrial Info's GMI Power Project Database can learn more from a detailed project report.
Construction on the Black Hollow project started in July and is set to wrap up in the second quarter of 2025. Should it prove successful, 174 Power Global, a U.S.-based development wing of Hanwha, plans to add a second unit in coming years that would generate another 107 MW from 260,000 single-axis modules. Subscribers can learn more from a detailed project report.
Power-generation projects that could begin construction in 2025 include the proposed Woodridge Solar Plant in Charlottesville, Virginia, which is designed to generate 138 MW from 330,000 PV modules, and the proposed Jove Solar Plant in Salome, Arizona, which is designed to generate 600 MW from 1.4 million PV modules. Both projects continue to seek permits; just this week, the Jove project heard some good news from the Bureau of Land Management, which granted approval on the condition that it will not affect the nearby desert-wash habitat or channel floodplain. Subscribers can learn more from detailed reports on the Woodridge and Jove projects.
One of Hanwha's highest-valued project proposals for North America would support its other developments with critical technological infrastructure: a 200-MW data center in Odessa, Texas, which would be operated by 174 Power Global. Hanwha said the data center will provide artificial intelligence (AI) and other services, and it will use renewable energy to power hundreds of thousands of servers. The exact size of the facility has yet to be determined. Subscribers can learn more from a detailed project report.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed reports for active and planned projects across the U.S. from Hanwha.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Construction on Hanwha's $2 billion solar photovoltaic module plant in Cartersville, Georgia, began in early 2023. It is designed to produce 3.3 gigawatts (GW) of modules per year for domestic and global markets. Based in Cartersville's Highland 75 Industrial Park, the facility, nicknamed "Solar Hub", is "taking shape at a steady pace," according to a press release from Hanwha. "Once the Cartersville factory is fully operational in 2025, Hanwha will be the only company in North America to produce all the key components across the solar supply chain."
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project and Plant databases can learn more from a detailed project report and plant profile.
The project received a significant boost last month when the U.S. Department of Energy's (DOE) Loan Programs Office finalized a $1.45 billion loan, as part of the Inflation Reduction Act's Advanced Manufacturing Production Tax Credit. In a press release, Hanwha said the DOE's support "highlights the importance of this critical industry, and the collective effort needed to ensure American manufacturers have a chance to compete on a global scale and see long-term success."
Concurrently with the module-manufacturing plant, Hanwha is constructing a $147 million film-manufacturing plant in the same industrial park. The development comprises two buildings for manufacturing and a warehouse that will produce and store the encapsulant film, which is composed of ethylene vinyl acetate, used in solar panels. Subscribers can learn more from a detailed project report.
In addition to its component-manufacturing projects, Hanwha is at work on a series of solar-generation projects across the U.S. that use Hanwha's Qcells technology. These include the $230 million Black Hollow Solar Plant in Severance, Colorado, which is designed to use 540,000 single-axis, crystalline silicon photovoltaic (PV) modules from Qcells to generate 150 megawatts (MW). Subscribers to Industrial Info's GMI Power Project Database can learn more from a detailed project report.
Construction on the Black Hollow project started in July and is set to wrap up in the second quarter of 2025. Should it prove successful, 174 Power Global, a U.S.-based development wing of Hanwha, plans to add a second unit in coming years that would generate another 107 MW from 260,000 single-axis modules. Subscribers can learn more from a detailed project report.
Power-generation projects that could begin construction in 2025 include the proposed Woodridge Solar Plant in Charlottesville, Virginia, which is designed to generate 138 MW from 330,000 PV modules, and the proposed Jove Solar Plant in Salome, Arizona, which is designed to generate 600 MW from 1.4 million PV modules. Both projects continue to seek permits; just this week, the Jove project heard some good news from the Bureau of Land Management, which granted approval on the condition that it will not affect the nearby desert-wash habitat or channel floodplain. Subscribers can learn more from detailed reports on the Woodridge and Jove projects.
One of Hanwha's highest-valued project proposals for North America would support its other developments with critical technological infrastructure: a 200-MW data center in Odessa, Texas, which would be operated by 174 Power Global. Hanwha said the data center will provide artificial intelligence (AI) and other services, and it will use renewable energy to power hundreds of thousands of servers. The exact size of the facility has yet to be determined. Subscribers can learn more from a detailed project report.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of detailed reports for active and planned projects across the U.S. from Hanwha.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).