North Carolina Leading Nation w/ B in Clean Energy Capital Investments

North Carolina Leading Nation w/ $19B in Clean Energy Capital Investments





Businesses across our state have announced a total of 18 major new clean energy and electric vehicle (EV) projects totaling over $19 billion since the Inflation Reduction Act (IRA) was signed into law, according to a new report from E2.

The new projects are expected to bring in over 8,800 new jobs to our state.

Nationally, 292 projects, 102,000 new jobs, and $118 billion in new investments have been announced in 41 states and Puerto Rico since the IRA passed.

Highlights from the report:

  • North Carolina is #5 nationally in clean energy projects announced since IRA with 18.
  • North Carolina is #4 nationally for most jobs announced by new clean energy projects with 8,868.
  • North Carolina is #1 nationally for most total investment dollars announced for new clean energy projects with $19.2 billion.
  • Michigan led all states with three announcements in February, followed by North Carolina with two.

Clean Energy Works | total projects announced by state Aug. 2022-Feb.2024

State

Projects

Announced Jobs

Announced Investments

Alabama

6

1,350

$1,603,000,000

Arkansas

2

500

$250,000,000

Arizona

9

2,330

$5,901,000,000

California

13

160

$1,600,000,000

Colorado

7

2,382

$880,000,000

Connecticut

4

100

$24,800,000

Florida

2

250

$72,000,000

Georgia

27

15,481

$15,086,500,000

Iowa

2

0

$0

Illinois

7

2,719

$2,563,500,000

Indiana

10

4,222

$6,416,000,000

Kansas

2

0

$0

Kentucky

8

1,149

$1,958,400,000

Louisiana

5

1,039

$1,713,500,000

Massachusetts

6

1,041

$45,700,000

Maryland

1

145

$14,000,000

Maine

1

200

$6,000,000

Michigan

26

11,807

$11,635,600,000

Minnesota

4

700

$155,000,000

Missouri

2

300

$100,000,000

Mississippi

3

2,340

$2,015,000,000

North Carolina

18

8,868

$19,230,459,000

Nebraska

1

0

$0

New Hampshire

1

0

$16,300,000

New Mexico

6

2,542

$1,243,000,000

Nevada

6

5,250

$6,600,000,000

New York

11

2,759

$783,000,000

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