LG Electronics announced plans for a new solar module assembly plant in Huntsville, Ala. The new factory will create about 160 new full-time jobs, increasing LG’s Huntsville employment by 60 percent to more than 400 workers.
The company is investing $28 million to establish the new factory with two production lines on LG’s 48-acre campus in Huntsville, where it has had operations for four decades.
Starting in early 2019, the new plant is expected to produce 500 MW of high-performance solar panels annually, said the company.
“That’s over a million solar panels a year,” said Soon Kwon, global president of the LG B2B (Business-to-Business) Company in a press release.
LG provides solar panels for the residential market in the United States, and the new solar plant will help LG better serve its U.S. customers, explained Kwon.
LG said it selected Alabama after conducting a competitive, multistate search. Attractive state and local incentives were key to LG’s decision to locate the new solar production operations in Huntsville.
The new factory will initially assemble LG’s “NeON 2” series 60-cell modules, which are high-performance solar panels. LG’s announcement follows a similar announcement by JinkoSolar to open U.S.-based module assembly.