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Home - Solar Industry - Battery factories lead the latest wave of clean energy projects canceled in 2025 (now more than $ 22 billion)
Solar Industry

Battery factories lead the latest wave of clean energy projects canceled in 2025 (now more than $ 22 billion)

solarenergyBy solarenergyJuly 29, 2025No Comments3 Mins Read
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By SB staff
July 28, 2025

In the first half of 2025, companies have reduced more than $ 22 billion in new factories and clean energy projects and reduced and reduced it after canceling another $ 6.7 billion in June, according to the last monthly analysis of E2 of Clean Energy projects followed by Shavulated E2 and the Clean Economy Tracker.

The newest wave of cancellations – which affects five factories for battery, storage and electric vehicles in Colorado, Indiana, Michigan, New York and Oregon – follows the growing uncertainty among companies, because the congress made the final urge to end the federal clean energy tax. More than 5,000 jobs were lost to the cancellations and scales backs in June, which lost the total number of lost jobs in 2025 to 16,500.

“These cancellations are not only songs on a balance book,” says Michael Timberlake, E2 Communications Director. “These are jobs, salary and opportunities in communities that counted on these clean energy projects to stimulate economic growth. And now they are gone.”

Cancellation of June

The cancellations of June were led by large car manufacturers who shielded the production investments in electric vehicles. General Motors has canceled a $ 4.3 billion plan to expand its Orion factory in Michigan to build new electric pickups and instead are investments to be moved there to build 8-cylinder gas vehicles. In addition, Toyota has reduced a $ 2.2 billion plan to re -do a factory in Indiana that would build a new electric SUV with three rows, making production to its factory in Georgetown, Kentucky.

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Up to and including June, 62 percent of all clean energy projects announced – together with 72 percent of all jobs and 81 percent of all investments – represented in conference districts by Republicans.

June addictions

In the midst of the cancellations and rising uncertainty, companies announced more than $ 2.1 billion in investments in June for new hydrogen, EV and network and transmission equipment factories in five states -including an investment of $ 1.8 billion per element sources to build the largest hydrogen production -facility facility.

Separately, Howard Industries announced more than $ 236 million to expand his electrical and transmission production activities in Mississippi that are expected to create at least 450 permanent jobs.

Clean economy works | Total projects announced by the year 2022-2025

Year Projects Jobs announced Announced investments
2022 72 31,131 $ 43,489,500,000
2023 192 59,825 $ 64,301,700,700
2024 86 19,667 $ 18,285,529,000
2025 52 12,329 $ 7,234,350,000
Total 402 122,952 $ 133,311,079,000

*Canceled projects removed from figures

Clean economy works | Total projects canceled, closed, shortened by the year 2022-2025

Year Projects Jobs announced/lost Investment announced/lost
2022 0 0 0
2023 9 2,052 $ 744,000,000
2024 14 7,546 $ 1,971,500,000
2025 35 16,589 $ 22,140,600,000
Total 58 26,187 $ 24,856,100,000

According to the tracking of E2The announcements of June bring the total number of large new clean energy projects that have been announced since federal Clean Energy tax credits were adopted in August 2022 to 402 in 42 states and Puerto Rico. Companies have said that they are planning to invest more than $ 133 billion in these projects and hire 123,000 permanent employees. ((These figures reflect current revisions and updates).

Because federal tax credits for clean energy were adopted by the congress in August 2022, a total of 58 announced or operational projects were canceled, closed or scaled – 35 alone in 2025. More than 26,000 jobs and almost $ 25 billion in investments were associated with the abandoned projects and facilities.

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A full card and list of announcements is available on e2.org/announcements/. Cancellation data will be included in the coming months.

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