North of $14 billion worth of clean energy projects have been canceled or delayed in the US this year, costing 10,000 new clean energy jobs. (AP News)
The critical POV: States like Georgia and Tennessee, which have invested heavily into EV and battery production, are particularly at risk under Congress’s new budget bill. Of the projects canceled this year, more than $12 billion worth came in red states and congressional districts.
Some context: In Q1 of this year, total utility-scale clean energy deployments came in just 9% short of the record-setting first quarter of 2024, according to new data from ACP.