Vertically integrated solar manufacturing facility — ingots, wafers, cells, and modules — Cartersville, Georgia. 3.3 GW annual capacity
First fully integrated silicon-based solar panel manufacturing facility in US since 2016. 1,650 full-time jobs. 8-year/12 GW EPC agreement with Microsoft. Supports 45X and domestic content bonus eligibility.
$1.45B
Deal Value
Other
Technology
GA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Hanwha Qcells Georgia (Qcells)
- Buyer / Financier
- DOE Loan Programs Office
- Deal Value
- $1.45B
- Stage
- Under Construction
- ISO/RTO
- SERC
- Source
- DOE LPO
Capital Structure
$1.45B
Total transaction value
Tranches
- DOE-Guaranteed Loan · DOE Loan Programs Office (Title 17 Clean Energy Financing Program)
- $1.45B
Finance Counterparties
Lenders & Capital Providers
- lender
- DOE LPO (Title 17)
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