Solar manufacturer Hanwha Q Cells announced Wednesday that it will invest more than $2.5 billion in building up the U.S. solar supply chain and creating 2,500 jobs in Georgia, in what the company and federal and state officials say is the largest such investment in U.S. history.
That bill includes incentives specifically for manufacturers. It includes a long-term extension of the investment tax credit, it includes credit adders for domestically produced products. Demand was already extremely high and there had already been supply chain issues that folks were really committed to solving. So the IRA puts fuel onto the fire and creates a really strong opportunity in the sector moving forward.
Good.