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: Operational
- 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 have invested $6.5 billion in Bryan County to build its newly operational EV battery plant.
- At full capacity, the facility will create 3,000 jobs in Southeast Georgia and 8,000 jobs by 2030.
- The facility can 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.
SOLARCYCLE Cedartown Recycling Facility
- Status: In Development
- Location: Cedartown, GA (Polk County)
- Congressional District: Georgia 14th
- Technology: Solar Panel Recycling
- Relevant Tax Provision: Advanced Energy Projects Credit (48C)
- Fast Facts:
- SOLARCYCLE is set to open its newest solar panel recycling facility in Cedartown, GA in mid-2025 thanks to the Advanced Energy Project Tax Credit (48C).
- The Cedartown facility will have the capacity to recycle two million panels annually, will be the first-of-its-kind in the U.S., and will create 600 full-time jobs in Polk County.
- By recycling solar panels in the United States, companies like SOLARCYCLE are onshoring this crucial supply chain and creating good-paying American jobs.
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