The US clear power sector took one other intestine punch in September as companies scrapped or scaled again practically $1.6 billion in main manufacturing facility and clear power tasks, in response to the most recent month-to-month evaluation from E2 and the Clear Financial system Tracker. That brings the entire value of private-sector challenge cancellations this yr to greater than $24 billion.
EV and battery tasks are taking the hit
4 main battery, storage, and EV factories in Kansas, Michigan, North Carolina, and Tennessee have been among the many clear power tasks deserted or downsized in September. Normal Motors decreased two EV manufacturing traces in Tennessee and Kansas, reducing 1,600 jobs. Sodium-ion battery startup Natron Vitality closed its $40 million Michigan plant, shedding 150 employees, and canceled plans for a $1.4 billion North Carolina manufacturing facility that might have created 1,000 jobs.
Altogether, September’s cancellations worn out greater than 3,000 jobs. In 2025, practically 21,000 jobs tied to non-public clear power tasks have disappeared.
In the meantime, the US Division of Vitality canceled practically $8 billion in funding for over 200 federally supported clear power tasks nationwide – and people aren’t even included in E2’s evaluation of privately funded cancellations.
Political fallout
E2’s evaluation reveals that the Republicans are most negatively impacted by their very own insurance policies. Republican-led districts have misplaced probably the most from private-sector pullouts – over $12.4 billion in investments and nearly 15,000 jobs to date in 2025. Democratic districts, alternatively, have misplaced about $7.5 billion and 5,000 jobs.
“The lack of these tasks isn’t only a setback for clear power – it’s a setback for America’s employees and competitiveness,” mentioned E2’s Michael Timberlake. “For each canceled manufacturing facility or downsized plant, many extra tasks aren’t even being introduced in any respect as extra capital flees and companies look abroad to take a position as a substitute. Which means fewer paychecks, much less native funding, and fewer alternatives for US employees to steer within the industries of the longer term.”
Some good(ish) information
Regardless of the destruction, corporations introduced about $542 million in new investments in September, primarily in EV and photo voltaic components manufacturing and grid infrastructure supporting AI information facilities. These new tasks are anticipated to create practically 1,000 jobs.
Because the passage of federal clear power tax credit in August 2022 underneath the Biden administration, 415 main clear power tasks have been introduced throughout 42 states and Puerto Rico, representing practically $135 billion in deliberate investments and about 125,000 everlasting jobs. Nevertheless, 65 tasks have since been canceled, closed, or scaled again – with 42 of them in 2025 alone, through the Trump administration – wiping out roughly $27 billion in investments and 30,000 jobs.
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