Tracking includes large-scale projects announced by the private sector since August 2022. Estimates come from company announcements and do not include construction-phase jobs. About 1/3 of all announcements included no investment or job estimate.

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Tracking includes large-scale projects, plants, or expansions that were cancelled, closed, or downsized since August 2022. Estimates come from company announcements and do not include construction-phase jobs. About 1/3 of all announcements included no investment or job estimate.

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Projects Announced | by year 2022-2025

Year Projects Jobs Announced Investment Announced
2022 72 31,131 43,489,500,000
2023 190 59,035 64,114,200,000
2024 84 18,565 16,335,529,000
2025 69 16,275 11,021,350,000
Total 415 125,006 134,960,579,000

Projects Announced | by sector 2022-2025

*totals will not match overall figures as some projects are categorized into multiple sectors.

Sector Projects Investment Jobs
Battery/Storage 65 40,719,600,000 25,503
Biofuel 1 0 40
Energy Efficiency 1 6,000,000 200
EV 154 83,602,300,000 65,589
Geothermal 1 0 0
Grid, Transmission and Electrification 47 5,714,609,000 9,693
Hydrogen 20 7,409,100,000 2,977
Semiconductor 0 5,375,000,000 1,970
Solar 98 18,090,870,000 32,803
Wind 28 4,060,500,000 3,254

Projects Announced | by industry 2022-2025

Type Projects Investment Jobs
Generation 47 9,521,370,000 3,786
Manufacturing 324 116,488,459,000 115,600
R&D 16 698,900,000 1,476
Recycling, Repair, and Maintenance 9 148,500,000 872

Projects Announced | by congressional district 2022-2025

Party Projects Investments Jobs
Republican 255 108,034,629,000 90,776
Democratic 135 23,310,800,000 30,150
Undefined 25 3,615,150,000 4,080

Projects Announced | by state 2022-2025

State Projects Investments Jobs
Alabama 10 2,819,200,000 1,711
Arkansas 3 250,000,000 525
Arizona 12 6,225,000,000 2,962
California 17 3,750,000,000 1,810
Colorado 5 40,000,000 820
Connecticut 4 24,800,000 100
Florida 6 176,000,000 450
Georgia 35 12,881,000,000 17,380
Iowa 4 17,000,000 102
Illinois 12 2,768,600,000 3,108
Indiana 12 7,279,000,000 6,922
Kansas 3 110,000,000 180
Kentucky 10 4,558,900,000 2,761
Louisiana 7 1,728,000,000 1,138
Massachusetts 6 45,700,000 1,041
Maryland 4 316,370,000 325
Maine 1 6,000,000 200
Michigan 33 12,479,800,000 11,549
Minnesota 4 155,000,000 700
Missouri 6 824,000,000 741
Mississippi 7 2,291,950,000 2,990
North Carolina 29 20,365,259,000 11,695
North Dakota 1 0 0
Nebraska 1 0 0
New Hampshire 1 16,300,000 0
New Jersey 1 0 0
New Mexico 7 2,185,000,000 3,442
Nevada 7 6,600,000,000 5,250
New York 13 791,000,000 1,809
Ohio 19 7,093,300,000 4,934
Oklahoma 5 4,270,000,000 1,310
Oregon 2 43,000,000 0
Pennsylvania 7 230,600,000 738
Puerto Rico 1 0 800
Rhode Island 1 0 0
South Carolina 33 14,492,500,000 14,183
Tennessee 26 5,627,300,000 5,514
Texas 33 9,666,000,000 14,102
Utah 3 1,000,000,000 0
Virginia 11 1,712,000,000 2,130
Vermont 1 0 12
Wisconsin 7 242,000,000 462
West Virginia 4 1,335,000,000 850

Projects Cancelled/Closed/Downsized | by year 2022-2025

Year Projects Investment Lost Jobs Lost
2022 0 0 0
2023 9 744,000,000 2,052
2024 14 1,971,500,000 7,546
2025 42 24,340,600,000 21,246
Total 65 27,056,100,000 30,844

Projects Cancelled/Closed/Downsized | by sector 2022-2025

*totals will not match overall figures as some projects are categorized into multiple sectors.

Sector Projects Investment Lost Jobs Lost
Battery/Storage 26 15,300,500,000 8,154
Biofuel 0 0 0
Energy Efficiency 0 0 0
EV 32 13,226,600,000 9,924
Geothermal 0 0 0
Grid, Transmission and Electrification 1 150,000,000 600
Hydrogen 3 1,250,000,000 440
Semiconductor 0 0 0
Solar 8 2,850,000,000 2,381
Wind 7 1,500,000,000 2,960

Projects Cancelled/Closed/Downsized | by industry 2022-2025

Type Projects Investment Lost Jobs Lost
Generation 8 3,970,000,000 2,690
Manufacturing 45 14,193,100,000 18,627
R&D 0 0 0
Recycling, Repair, and Maintenance 0 0 0

Projects Cancelled/Closed/Downsized | by congressional district 2022-2025

Party Projects Investment Lost Jobs Lost
Republican 35 14,578,000,000 19,016
Democratic 17 7,790,600,000 7,040
Undefined 6 4,630,000,000 4,378

Projects Cancelled/Closed/Downsized | by state 2022-2025

State Projects Investment Lost Jobs Lost
Alabama 1 0 45
Arkansas 1 0 545
Arizona 5 1,750,000,000 3,895
California 2 2,200,000,000 300
Colorado 5 840,000,000 1,912
Georgia 4 3,362,000,000 1,327
Illinois 3 3,270,000,000 2,655
Indiana 1 2,203,000,000 1,740
Kansas 1 0 900
Kentucky 2 814,000,000 692
Massachusetts 2 200,000,000 100
Michigan 9 4,503,100,000 4,929
New Jersey 3 0 1,300
New York 8 3,000,000,000 1,770
North Carolina 1 1,400,000,000 1,062
Ohio 1 40,000,000 450
Oklahoma 3 320,000,000 2,500
Oregon 1 0 418
South Carolina 3 1,700,000,000 1,520
Tennessee 3 600,000,000 1,010
Texas 1 0 150
Virginia 2 309,000,000 350
Washington 2 15,000,000 264
West Virginia 1 150,000,000 600

About This Analysis

Announcements
Projects that began development, were proposed, or applied for local and state approval before the passage of the Inflation Reduction Act (IRA) are not included. This analysis also does not include investments in which the federal government has provided financial resources for the complete project, lease sales, projects in which an announcement was made but lacked specific geographic information, etc. Details on projects came from news reports on new and related projects; press releases from companies announcing new developments; and government announcements.

Cancellations, Closures, Downsizes
This tracking includes all projects, plants, operations, or expansions that were cancelled or closed since passage of the IRA in August 2022. This does not include announced layoffs that are not associated with a project downsizing unless there is a stated decease in production output. This list also does not include the transfer of project ownership, if production will continue under the new ownership, power purchasing agreements, or other similar type of announcements. Project delays or idling of facilities are not included unless there in an announced decrease in production or investment or unless the project will need to be restarted to proceed in the future.

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Go Deeper On Energy Jobs

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October 15, 2024

Clean energy companies say the federal Inflation Reduction Act (IRA) has dramatically boosted their businesses, and that repealing or rolling back the landmark climate and clean energy law would result in substantial losses, layoffs, and closures, according to a first-of-its kind survey of more than 900 businesses.

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January 11, 2024

The positive impacts of the IRA’s historic investment in America’s rural economic growth and resilience are transformative. In its first year, the IRA incentives have spurred 52 major rural manufacturing projects that are projected to create 67,000 rural jobs and nearly $2 billion in worker income, creating viable new career opportunities and revenues to sustain rural communities. In addition to spurring growth, these IRA funds are essential to ensuring that rural America has access to the benefits of the clean economy transition and that our farms and farming communities are more profitable and more resilient. Farmers and rural workers across multiple industries, as well as rural consumers, strongly favor these investments in clean energy, infrastructure, and agricultural resilience. The federal clean economy investments in the IRA position rural communities as leaders in building a thriving 21st century American economy.

Clean Economy Works | An Economic Impact Analysis of Major Clean Energy Projects Announced Through Two Years of the Inflation Reduction Act

October 15, 2024

Clean energy companies say the federal Inflation Reduction Act (IRA) has dramatically boosted their businesses, and that repealing or rolling back the landmark climate and clean energy law would result in substantial losses, layoffs, and closures, according to a first-of-its kind survey of more than 900 businesses.

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September 17, 2024

Clean energy companies added almost 150,000 jobs in 2023, growing more than three times faster than overall U.S. employment to 3,460,406 clean energy jobs nationwide. Last year’s jobs spike corresponds with the first full year of historic clean energy investments and incentives under the landmark federal Inflation Reduction Act (IRA). Only the post-pandemic recovery surge of 2021 (152,000 jobs) added more new jobs in a single year.

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