Zhejiang-based photo voltaic panel maker Hounen Photo voltaic stated it should make investments $33 million by way of its US subsidiary to amass a manufacturing unit constructing in Orangeburg, within the US state of South Carolina.

The South Carolina governor’s workplace confirmed Hounen’s plans. The corporate says the constructing will host 1 GW of photo voltaic module manufacturing traces.

“Our new photo voltaic panel manufacturing plant will allow us to supply monocrystalline silicon PV panels for the US market.” stated Hounen CEO Jufang Ly. “We’re grateful for the assistance and help of the South Carolina group and look ahead to extra enterprise alternatives within the state.”

Hounen Photo voltaic says the brand new manufacturing unit will create 200 new jobs. That is the third Chinese language producer to announce a brand new photo voltaic module manufacturing unit in america for the reason that introduction of the US Inflation Discount Act (IRA).

Earlier this week, Longi Photo voltaic and US photo voltaic venture developer Invenergy agreed to collectively construct a 5 GW photo voltaic panel manufacturing unit in Pataskala, Ohio, by way of a newly shaped firm, Illuminate USA. A press launch from Illuminate USA says the plan will price 0 million. Invenergy stated it invested $600 million within the facility.

In January, Chinese language panel maker JA Photo voltaic revealed a plan to construct a 2 GW PV panel manufacturing unit within the US state of Arizona. The photo voltaic cell and module maker stated in a press release that it has leased land for a producing facility at an unspecified location in Phoenix, Arizona. The manufacturing unit is predicted to start out business operations within the fourth quarter of this yr, it stated, including that it’s going to result in the creation of 600 new jobs.

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