A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced.
File - Special mounted solar panels are installed over a biological apple fruit tree plantation in Gelsdorf, western Germany, Tuesday, Aug. 30, 2022. A South Korean solar panel maker will invest more than $2.5 billion to build factories in Georgia, hiring 2,500 new employees and making components usually manufactured outside the United States, the company announced Wednesday, Jan. 11, 2023. – A South Korean solar panel maker said Wednesday that it will invest more than $2.
President Joe Biden described the announcement as “a win for workers, consumers, and our climate,” with the Democrat saying in a statement that it would provide good jobs, reduce American reliance on other countries for solar components, lower the cost of solar panels and help lower carbon emissions.
Deese said the climate change and health care bill is an example of the industrial policy Biden wants to see, “to make sure that innovation is happening here, good job creation is happening here, and we are exporting products in the clean energy economy, not exporting jobs.” “My goal remains to make Georgia the world leader in advanced energy production,” Ossoff said in a statement.
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