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Home > $14 Billion In Clean Energy Projects Canceled In US This Year: Analysis

$14 Billion In Clean Energy Projects Canceled In US This Year: Analysis [1]

"More than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trump’s pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development.

Many companies are concerned that investments will be in jeopardy amid House Republicans’ passage of a tax bill that would gut clean energy credits, nonpartisan group E2 said in its analysis of projects that it and consultancy Atlas Public Policy tracked.

The groups estimate the losses since January have also cost 10,000 new clean energy jobs.

The tax credits, bolstered in the landmark climate bill passed under former President Joe Biden in 2022, are crucial for boosting renewable technologies key to the clean energy transition. E2 estimates that $132 billion in plans have been announced since the so-called Inflation Reduction Act passed, not counting the cancellations."

Alexa St. John and Isabella O’Malley report for the Associated Press May 29, 2025. [2]

Climate Change [3]
Energy & Fuel [4]
Environmental Politics [5]
Infrastructure [6]
Laws & Regulations [7]
National (U.S.) [8]
Public [9]
Source: AP [2], 05/30/2025
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Source URL:https://www.sej.org/headlines/14-billion-clean-energy-projects-canceled-us-year-analysis

Links
[1] https://www.sej.org/headlines/14-billion-clean-energy-projects-canceled-us-year-analysis [2] https://apnews.com/article/climate-clean-energy-investments-trump-solar-wind-349e80c0d9c2cc768e63de9d48813d31 [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/energy [5] https://www.sej.org/category/topics-beat/environmental-politics [6] https://www.sej.org/category/topics-beat/infrastructure [7] https://www.sej.org/category/topics-beat/laws [8] https://www.sej.org/category/region/national [9] https://www.sej.org/taxonomy/term/81