Solar panel production is coming to Alabama thanks to LG Electronics’ plans unveiled this week. The Korean company will install two production lines at its existing facilities in Huntsville, AL, where it will produce about 500 megawatts of solar panels annually beginning in 2019.
“That’s over a million solar panels a year,” explained Soon Kwon, global president of the LG B2B (Business-to-Business) Co. He said the manufacturing facility will produce LG’s high-performance N-type solar panels at the facility, helping it better serve the US markets.
Alabama Gov. Kay Ivey (R) celebrated the news. “LG has a long history as a leading corporate citizen in Alabama. Now, LG is launching our state’s first solar manufacturing plant, which represents a major milestone both for Alabama and for the company,” she said. “We look forward to seeing where this great partnership takes us in the future.”
The company will invest $28 million to install equipment at the facilities. Once completed, the plant will add 160 jobs to produce the panels, Ivey’s office said. It will bring the number of jobs LG has in the state to more than 400.
“We’re thrilled that LG selected Huntsville for its new solar panel assembly plant because the company considered many other locations for this project,” said Greg Canfield, secretary of the Alabama Department of Commerce. “LG is a world-class company, and its decision represents a powerful endorsement of Alabama’s advantages and its workforce.”
Huntsville is LG’s North American headquarters. “LG has long called Huntsville home, and the solar panel assembly factory will add a significant new dimension to our Alabama campus,” Kwon said. “Huntsville’s high-quality workforce and LG’s established presence in the Rocket City point to a bright future for LG in Alabama.”
In establishing a solar panel manufacturing facility in the US LG is following other Asian solar companies like JinkoSolar and Panasonic, which have or are establishing US-based manufacturing. The companies are making the moves in an attempt to reduce the impact of import tariffs that President Donald Trump (R) imposed on silicon solar panels and cells last year.Tweet