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    Home > Chemicals Industry > International Chemical > Responding to tariffs LG Electronics builds a new solar manufacturing plant in the United States

    Responding to tariffs LG Electronics builds a new solar manufacturing plant in the United States

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    South Korea's LG Electronics will open a solar module assembly plant in the United States, which is expected to start production in early 2019 with an annual capacity of 500MW.

    Soon Kwon, global president of LG B2B, and Kay Ivey, governor of Alabama

    The company will invest $28 million in the new facility, located in Huntsville, Alabama
    .
    The new plant will have two production lines, initially equipped with 340W LG Neon 2 series 60-cell battery modules
    .

    LG said it chose Alabama after a multi-level search
    .
    The new plant will create about 160 jobs, increasing LG's employment at the site to more than
    400.
    Huntsville is currently home to the headquarters of the company's North American services business
    .

    Soon Kwon, global president of LG B2B, said LG is one of the leading suppliers of solar panels to the U.
    S.
    residential market, and the new solar factory will help it better serve
    U.
    S.
    customers.

    After U.
    S.
    President Donald Trump imposed safeguard tariffs on imported solar cells and modules in January, LG, along with other companies, announced plans
    to set up factories in the United States.
    For example, PV maker Hanwha Q CELLS recently announced plans to build a solar module plant in the United States with an annual capacity of more than 1.
    6 GW, while JinkoSolar is also building a plant
    in Florida.

    South Korea's LG Electronics will open a solar module assembly plant in the United States, which is expected to start production in early 2019 with an annual capacity of 500MW.

    solar energy

    Soon Kwon, global president of LG B2B, and Kay Ivey, governor of Alabama

    The company will invest $28 million in the new facility, located in Huntsville, Alabama
    .
    The new plant will have two production lines, initially equipped with 340W LG Neon 2 series 60-cell battery modules
    .

    LG said it chose Alabama after a multi-level search
    .
    The new plant will create about 160 jobs, increasing LG's employment at the site to more than
    400.
    Huntsville is currently home to the headquarters of the company's North American services business
    .

    Soon Kwon, global president of LG B2B, said LG is one of the leading suppliers of solar panels to the U.
    S.
    residential market, and the new solar factory will help it better serve
    U.
    S.
    customers.

    After U.
    S.
    President Donald Trump imposed safeguard tariffs on imported solar cells and modules in January, LG, along with other companies, announced plans
    to set up factories in the United States.
    For example, PV maker Hanwha Q CELLS recently announced plans to build a solar module plant in the United States with an annual capacity of more than 1.
    6 GW, while JinkoSolar is also building a plant
    in Florida.

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