8 of 10 projects will be based in GOP districts

Businesses announced plans for at least 10 new large-scale clean energy projects and plant expansions in nine states last month, according to national nonpartisan business group E2’s June analysis of new clean energy developments. Based on publicly available information, the 10 projects would create at least 3,100 jobs and nearly $1 billion in new private investment.*

House Republican districts will be home to eight of the ten projects, including a $250 million solar manufacturing facility in Texas, a $152 million plant to manufacture electrolytes for electric vehicle (EV) batteries in Tennessee, and a $115 million steel plant in Indiana that will manufacture structures to support grid modernization, renewable energy, and electric vehicle charging projects.

Since the passage of the Inflation Reduction Act in August 2022, businesses have now announced more than 190 new projects totaling over $83 billion in new private investment across 38 states that would create at least 67,000 jobs.

Following is a statement from Sandra Purohit, E2 director of federal advocacy:

“Federal clean energy incentives continue to deliver once-in-a-generation economic opportunities for communities in both red and blue states across the country. These investments and tax credits are quickly making the U.S. one of the most sought-after destinations for clean energy investment and delivering thousands of new, good-paying jobs every month along the way.”

*This is a conservative estimate as many of the projects do not have investment, job, or generation figures as of this analysis.

Detailed below is a list of clean energy announcements tracked by E2 in June. To receive the monthly Clean Economy Works newsletter, sign-up for email updates from e2.org/sign-up/.  A full list of announcements since IRA is available at e2.org/clean-energy-announcements/.

Clean Energy Works June 2023 | projects announced by date

Date Company/Org State Announcement Sector Details
6/1 Manner Polymers IL Link EV
Solar Mfg
60 Jobs
$54M
6/7 Woory Industrial Co GA Link EV 130 jobs
$18M
6/8 Toyota MI Link EV
Battery/Storage
$50M
6/14 Nucor IN Link Charging/Grid 200 Jobs
$115M
6/15 Canadian Solar TX Link Solar Mfg. 1,500 Jobs
$250M
6/18 SolRiver Captial OR Link Solar Gen. 4MW
6/20 Holcim US MI Link Solar Gen. 25MW
6/22 VSK Energy CO Link Solar Mfg. 900 Jobs
$250M
6/23 NVH Korea GA Link EV 160 Jobs
$72M
6/26 Enchem America Inc. TN Link EV
Battery/Storage
190 Jobs
$152.5M

To speak with E2 staff and our member business leaders in states across the country, please contact Michael Timberlake—(913) 645-9103, [email protected] or Kathryn Dunn— (781)-738-0730, [email protected].

Additional Resources:

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E2 is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.

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