Since August 2022, the U.S. utility-scale clean energy industry has announced:
As electricity demand continues to grow, clean power is rising as the fastest-growing source of energy and driving a new era of American manufacturing.
Historic investments in the sector are creating jobs nationwide and building a strong domestic energy supply chain. New manufacturing facilities are emerging to deliver American-made energy solutions, fueling progress and economic growth.
*Data collected through July 31, 2024
A record number of new utility-scale clean energy manufacturing facilities or facility expansions have been announced in the last two years.
Since August 2022, 161 facilities have been announced by the industry. 42 facilities of these new facilities have started operations, with 119 under development.
Manufacturing was once the backbone of the American economy. In rural areas, manufacturing provided more jobs and higher earnings than other sectors.
But U.S. manufacturing is not the driver of local economies it once was. Between 2001 and 2015—a period that included two recessions—manufacturing employment fell close to 30 percent. In addition, 71 percent of U.S. counties experienced a decline in manufacturing employment.
Today, we are experiencing a U.S. manufacturing renaissance, driven by a new wave of scalable clean energy technologies, federal tax credits, and innovative U.S. companies.
The revitalization of communities from this renaissance has already begun.
Discover the impact these manufacturing facilities are having on communities across America.
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WEST VIRGINIA – Located at the site of the former Weirton Steel plant, U.S.-based Form Energy has recently built its first high-volume battery manufacturing facility.
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COLORADO – Vestas has invested more than $1 billion in Colorado to establish two wind manufacturing facilities serving the North American market.
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OHIO – The first and largest U.S. plant to produce high quality (550w) solar panels is providing residents in and around Pataskala, Ohio with new, good-paying jobs.
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NEW YORK – In May 2023, GE Vernova announced a $50 million expansion of its turbine manufacturing facility in Schenectady, NY.
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55+ GW of new clean power came online between September 2022 and March 2024.
These clean power projects represent $75 billion of new investment from the private sector, and provide enough electricity to power 10+ million homes.
Of the $500+ billion in investment that’s been announced after August 2022, $75 billion has already been realized across the clean energy economy.
Discover how this investment is already revitalizing American communities.
Learn more about the investments, clean power projects, and clean energy manufacturing facilities powering America’s future in ACP’s Clean Energy Investing in America report.
