FinancingClosedDecember 19, 2024

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
DOE Loan
Seller / Sponsor
Hanwha Qcells Georgia (Qcells)
Buyer / Financier
DOE Loan Programs Office
Deal Value
$1.45B
Stage
Construction
ISO/RTO
SERC
Source
DOE LPO

Finance Counterparties

Lenders & Capital Providers

lender
DOE LPO (Title 17)

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