Over the Next Decade in Georgia, Advanced Energy Tax Credits Will Generate:
$118B New Private Sector Investments
$28.4B New Manufacturing Investments
Rock House Solar
- Status: In Development
- Location: McDuffie County, GA
- Congressional District: Georgia 12th
- Technology: Solar
- Relevant Tax Provision: Investment Tax Credit (ITC)
- Fast Facts:
- The 250-megawatt solar project represents an investment of over $300 million on the part of developer EDF.
- During peak construction, the project should create approximately 250 jobs, as well as contribute to the regional economy through the use of local products and services.
- The project will be built with American-made solar panels produced in Mesquite, Texas.
Hyundai / LG Gigafactory
- Status: In Construction
- Location: Bryan County, GA
- Congressional District: Georgia 1st
- Technology: Electric Vehicle (EV) Batteries
- Relevant Tax Provision: Manufacturing Production Tax Credit (45X)
- Fast Facts:
- Automaker Hyundai and LG Energy Solutions will invest $4.3 billion in Bran County to build an EV battery plant.
- Once fully operational in late 2025, the facility should create 3,000 jobs in Southeast Georgia.
- The facility is slated to produce approximately 30 gigawatt-hours of batteries annually, enough to power 300,000 vehicles, many of which will be produced at the neighboring metaplant.
Southern Oak Solar
- Status: Operational
- Location: Mitchell County, GA
- Congressional District: Georgia 2nd
- Technology: Solar
- Relevant Tax Provision: Investment Tax Credit (ITC)
- Fast Facts:
- The 160-megawatt Southern Oak solar project provides enough electricity to power roughly 160,000 homes.
- At peak construction, the project employed over 400 workers.
- In the first 10 years of operation, Southern Oak should generate more than $12 million in local economic benefits through tax payments, landowner lease payments, and wages and benefits for area employees.
If key advanced energy tax policies are repealed, new analysis indicates that the cost of energy for business, industry, and working families in Georgia will increase nearly 7% by 2026.
27,371
Advanced Energy Jobs in Georgia