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

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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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