Report: $14 billion in renewable energy projects canceled in 2025
May 29, 2025
While cancelations continue to rise, companies are still investing in the potential of the U.S. clean economy. Businesses in April announced nearly $500 million in investments for new solar, EV and grid and transmission equipment factories across six states — including a $400 million investment by Corning to expand a solar wafer factory in Michigan that is expected to create at least 400 new jobs and a $9.3 million investment by a Canadian solar equipment manufacturer for a new plant in North Carolina. Combined, the seven projects announced in April are expected to create nearly 3,000 new permanent jobs if completed.
April’s announcements bring the overall number of major clean energy projects tracked by E2 to 390 across 42 states and Puerto Rico. Companies have said they plan to invest nearly $132 billion in these projects and hire 123,000 permanent workers. (These figures reflect ongoing revisions and updates).
Since federal clean energy tax credits were passed by Congress in August 2022, a total of 45 announced projects have been canceled, closed or downsized. Nearly 20,000 jobs and $16.7 billion in investments were connected with the abandoned projects.
A full map and list of announcements is available at e2.org/announcements/. Cancelation data will be incorporated in the coming months.
Detailed below is a list of April clean energy announcements tracked by E2 along with totals by state, sector, congressional district, and industry type for projects announced, canceled, downsized, and closed since E2 began tracking in August 2022.
| Date | Company/Org | State | Source | Sector | Type | Jobs | Investment | |
| 4/1 | APA Solar | OH | Link | Solar | Manufacturing | 80 | $19,500,000 | |
| 4/16 | Opsun Corporation | NC | Link | Solar | Manufacturing | 20 | $9,300,000 | |
| 4/17 | Delta Star Inc | VA | Link | Grid, Transmission and Electrification | Manufacturing | 300 | $35,000,000 | |
| 4/25 | Hitachi | VA | Link | Grid, Transmission and Electrification | Manufacturing | 40 | $10,000,000 | |
| 4/25 | Hitachi | VA | Link | Grid, Transmission and Electrification | Manufacturing | 80 | $12,500,000 | |
| 4/29 | Corning | MI | Link | Solar | Manufacturing | 400 | $400,000,000 | |
| 4/30 | Slate Auto | IN | Link | EV | Manufacturing | 2,000 | ||
| Date | Developer | State | Update | Link | Sector | Type | Jobs Lost | Investments Lost |
| 1/10/23 | Philadelphia Solar | TX | Canceled | Link | Solar | Manufacturing | 150 | |
| 1/19/23 | Proterra | CA | Closure | Link | Battery / Storage | Manufacturing | 300 | |
| 6/13/23 | Lightning eMotors | CO | Downsized | Link | EV | Manufacturing | 80 | |
| 6/27/23 | Nu Ride (formerly Lordstown Motors) | OH | Closure | Link | EV | Manufacturing | 450 | $40,000,000 |
| 6/30/23 | Microvast | KY | Canceled | Link | Battery / Storage | Manufacturing | 562 | $504,000,000 |
| 10/31/23 | Orsted | NJ | Canceled | Link | Wind | Generation | ||
| 10/31/23 | Orsted | NJ | Canceled | Link | Wind | Generation | ||
| 11/10/23 | Siemens Gamesa | VA | Canceled | Link | Wind | Manufacturing | 260 | $200,000,000 |
| 12/16/23 | Lightning eMotors | CO | Closure | Link | EV | Manufacturing | 250 | |
| 5/6/24 | Canoo | AR | Closure | Link | EV | Manufacturing | 545 | |
| 7/19/24 | VSK Energy | CO | Canceled | Link | Solar | Manufacturing | 900 | $250,000,000 |
| 8/2/24 | Applied Materials | VA | Canceled | Link | Battery / Storage | Manufacturing | 90 | $109,000,000 |
| 8/12/24 | Lear Corporation | MI | Canceled | Link | EV | Manufacturing | 167 | $80,000,000 |
| 8/12/24 | Lear Corporation | MI | Canceled | Link | EV | Manufacturing | 167 | $16,250,000 |
| 8/12/24 | Lear Corporation | MI | Canceled | Link | EV | Manufacturing | 166 | $16,250,000 |
| 8/15/24 | Piedmont Lithium | TN | Canceled | Link | Battery / Storage | Manufacturing | 120 | $600,000,000 |
| 8/26/24 | Meyer Burger | CO | Canceled | Link | Solar | Manufacturing | 350 | $400,000,000 |
| 9/10/24 | Wheatland Tube | IL | Closure | Link | Solar | Manufacturing | 237 | $0 |
| 11/27/24 | TotalEnergies | NY | Canceled | Link | Wind | Generation | 1300 | |
| 11/27/24 | TotalEnergies | NJ | Canceled | Link | Wind | Generation | 1300 | |
| 12/2/24 | Lion Electric | IL | Closure | Link | EV | Manufacturing | 1418 | $70,000,000 |
| 12/10/24 | Nippon Denkai | GA | Canceled | Link | Other | Manufacturing | 250 | $430,000,000 |
| 12/31/24 | REC Silicon | WA | Closure | Link | Solar | Manufacturing | 244 | |
| 12/31/24 | ZF | MI | Canceled | Link | EV | Manufacturing | 536 | |
| 1/17/25 | Solar Partners | CA | Downsized | Link | Solar | Generation | $2,200,000,000 | |
| 1/24/25 | Prysmian | MA | Canceled | Link | Wind | Manufacturing | 100 | $200,000,000 |
| 1/28/25 | Magnis Energy Technologies | NY | Downsized | Link | Battery / Storage | Manufacturing | 80 | $140,000,000 |
| 2/4/25 | Kore Power | AZ | Canceled | Link | Battery / Storage | Manufacturing | 3,000 | $1,200,000,000 |
| 2/5/25 | Envision AESC | SC | Canceled | Link | Battery / Storage | Manufacturing | 1080 | $1,500,000,000 |
| 2/6/25 | Freyr Battery | GA | Canceled | Link | Battery / Storage | Manufacturing | 723 | $2,570,000,000 |
| 2/11/25 | Canoo | OK | Closure | Link | EV | Manufacturing | 2000 | |
| 2/11/25 | Canoo | OK | Closure | Link | EV | Manufacturing | $320,000,000 (total) | |
| 2/11/25 | Canoo | OK | Closure | Link | EV | Manufacturing | 500 | $320,000,000 (total) |
| 2/11/25 | BorgWarner | MI | Closure | Link | EV | Manufacturing | 188 (total) | $10,600,000 |
| 2/11/25 | BorgWarner | MI | Closure | Link | EV | Manufacturing | 188 (total) | $40,000,000 |
| 2/17/25 | Aspen Aerogels | GA | Canceled | Link | EV | Manufacturing | 250 | $325,000,000 |
| 2/24/25 | Air Products | NY | Canceled | Link | Hydrogen | Generation | 90 | $500,000,000 |
| 2/24/25 | Nikola | AZ | Downsized | Link | EV | Manufacturing | 315 | |
| 2/27/25 | Ascend | KY | Downsized | Link | Battery / Storage | Manufacturing | 130 | $310,000,000 |
| 3/3/25 | Bosch | SC | Canceled | Link | Hydrogen | Manufacturing | 350 | $200,000,000 |
| 3/11/25 | Proterra | SC | Downsized | Link | Battery / Storage | Manufacturing | 90 | |
| 4/14/25 | Stellantis | IL | Canceled | Link | Battery / Storage | Manufacturing | 1000 | $3,200,000,000 |
| 4/17/25 | SungEel HiTech Co | GA | Canceled | Link | Battery / Storage | Manufacturing | 104 | $37,000,000 |
| 4/25/25 | RWE | SC | Canceled | Link | Wind | Generation | $1,100,000,000 | |
| 4/28/25 | Juniper Power | MA | Canceled | Link | Battery / Storage | Manufacturing | $170,000,000 |
| Year | Projects | Jobs Announced | Investment Announced |
| 2022 | 72 | 32,131 | $43,489,500,000 |
| 2023 | 194 | 61,427 | $64,531,700,000 |
| 2024 | 86 | 19,952 | $19,649,229,000 |
| 2025 | 34 | 10,029 | $4,223,000,000 |
| Year | Projects | Jobs Announced/Lost | Investment Announced/Lost |
| 2022 | 0 | 0 | 0 |
| 2023 | 9 | 2,052 | $744,000,000 |
| 2024 | 15 | 7,790 | $1,971,500,000 |
| 2025 | 21 | 10,000 | $14,022,600,000 |
| Sector | Projects | Jobs Announced | Investment Announced |
| Battery/Storage | 64 | 26,507 | $38,951,100,000 |
| Biofuel | 1 | 40 | $0 |
| Energy Efficiency | 1 | 200 | $6,000,000 |
| EV | 149 | 65,600 | $82,361,700,000 |
| Geothermal | 1 | 0 | $0 |
| Grid, Transmission and Electrification | 33 | 5,866 | $4,073,859,000 |
| Hydrogen | 19 | 3,556 | $6,139,600,000 |
| Semiconductor | 0 | 1,970 | $5,375,000,000 |
| Solar | 93 | 31,474 | $17,352,370,000 |
| Wind | 28 | 3,254 | $4,060,500,000 |
*Totals will not match overall figures as some projects are categorized into multiple sectors
| Sector | Projects | Jobs Announced/Lost | Investment Announced/ Lost |
| Battery/Storage | 14 | 7,779 | $10,340,000,000 |
| Biofuel | 0 | 0 | $0 |
| Energy Efficiency | 0 | 0 | $0 |
| EV | 13 | 9,924 | $6,271,100,000 |
| Geothermal | 0 | 0 | $0 |
| Grid, Transmission and Electrification | 0 | 0 | $0 |
| Hydrogen | 2 | 440 | $700,000,000 |
| Semiconductor | 0 | 0 | $0 |
| Solar | 6 | 1,881 | $2,850,000,000 |
| Wind | 7 | 2,960 | $1,500,000,000 |
| Type | Projects | Jobs | Investment |
| Generation | 47 | 3,786 | $9,521,370,000 |
| Manufacturing | 317 | 115,600 | $116,488,459,000 |
| R&D | 9 | 872 | $148,500,000 |
| Recycling, Repair, and Maintenance | 16 | 1,476 | $698,900,000 |
| Type | Projects | Jobs Announced/Lost | Investment Announced/Lost |
| Generation | 7 | 2690 | $3,800,000,000 |
| Manufacturing | 38 | 171,52 | $12,938,100,000 |
| R&D | 0 | 0 | $0 |
| Recycling, Repair, and Maintenance | 0 | 0 | $0 |
| Party | Projects | Jobs Announced | Investments Announced |
| Republican | 241 | 88,094 | $108,539,529,000 |
| Democratic | 129 | 30,956 | $20,378,000,000 |
| Unknown | 20 | 4,084 | $3,018,700,000 |
| Party | Projects | Jobs Announced/Lost | Investments Announced/Lost |
| Republican | 24 | 13,069 | $12,377,500,000 |
| Democratic | 9 | 2,395 | $830,600,000 |
| Unknown | 12 | 4,378 | $3,530,000,000 |
| State | Projects | Jobs Announced | Investment Announced | State | Projects | Jobs Announced | Investment Announced |
| Alabama | 10 | 1,711 | $2,819,200,000 | North Carolina | 27 | 12,353 | $21,575,259,000 |
| Arkansas | 2 | 500 | $250,000,000 | Nebraska | 1 | 0 | $0 |
| Arizona | 12 | 2,402 | $6,722,000,000 | New Hampshire | 1 | 0 | $16,300,000 |
| California | 15 | 810 | $1,600,000,000 | New Mexico | 1 | 3,442 | $2,185,000,000 |
| Colorado | 6 | 1,152 | $230,000,000 | Nevada | 7 | 5,250 | $6,600,000,000 |
| Connecticut | 4 | 100 | $24,800,000 | New York | 7 | 3,079 | $791,000,000 |
| Florida | 6 | 450 | $176,000,000 | North Dakota | 14 | 0 | $791,000,000 |
| Georgia | 33 | 15,980 | $12,881,000,000 | Ohio | 19 | 4934 | $7,093,300,000 |
| Iowa | 4 | 102 | $17,000,000 | Oklahoma | 5 | 1310 | $4,270,000,000 |
| Illinois | 7 | 2,719 | $2,563,500,000 | Oregon | 2 | 0 | $43,000,000 |
| Indiana | 13 | 7,262 | $8,316,000,000 | Pennsylvania | 4 | 427 | $126,100,000 |
| Kansas | 3 | 180 | $110,000,000 | Puerto Rico | 1 | 800 | $0 |
| Kentucky | 9 | 2,761 | $2,658,900,000 | Rhode Island | 1 | 0 | $0 |
| Louisiana | 6 | 1,109 | $1,719,500,000 | South Carolina | 32 | 14183 | $14,492,500,000 |
| Massachusetts | 6 | 1,041 | $45,700,000 | Tennessee | 23 | 5481 | $5,553,000,000 |
| Maryland | 4 | 325 | $316,370,000 | Texas | 32 | 14102 | $9,311,000,000 |
| Maine | 1 | 200 | $6,000,000 | Utah | 3 | 0 | $1,000,000,000 |
| Michigan | 34 | 12,149 | $12,514,800,000 | Virginia | 10 | 1305 | $1,255,000,000 |
| Minnesota | 4 | 700 | $155,000,000 | Vermont | 1 | 12 | $0 |
| Missouri | 5 | 691 | $747,000,000 | Wisconsin | 7 | 462 | $242,000,000 |
| Mississippi | 4 | 2,540 | $2,055,000,000 | West Virginia | 4 | 850 | $1,335,000,000 |
| State | Projects | Jobs Announced/Lost | Investment Announced/Lost |
| Arkansas | 1 | 545 | $0 |
| Arizona | 2 | 3,315 | $1,200,000,000 |
| California | 2 | 300 | $2,200,000,000 |
| Colorado | 4 | 1,580 | $650,000,000 |
| Georgia | 4 | 1,327 | $3,362,000,000 |
| Illinois | 3 | 2,655 | $3,270,000,000 |
| Kentucky | 2 | 692 | $814,000,000 |
| Massachusetts | 2 | 100 | $200,000,000 |
| Michigan | 6 | 1,224 | $163,100,000 |
| New Jersey | 3 | 1,300 | $0 |
| New York | 3 | 1,470 | $640,000,000 |
| Ohio | 1 | 450 | $40,000,000 |
| Oklahoma | 3 | 2,500 | $320,000,000 |
| South Carolina | 4 | 1,520 | $2,800,000,000 |
| Tennessee | 1 | 120 | $600,000,000 |
| Texas | 1 | 150 | $0 |
| Virginia | 2 | 350 | $309,000,000 |
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.
Cancelations, Closures, Downsizes | This tracking includes all projects, plants, operations, or expansions that were canceled 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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