State of Clean Energy Manufacturing in Q4 2025

This report analyzes the state of clean energy manufacturing in the United States as of Q4 2025, detailing investments and job announcements alongside project cancellations. It notes that from 2000 to 2025, net clean energy manufacturing investments totaled $239.8 billion, with 335,000 jobs anticipated. However, 2025 saw significant cancellations amounting to $33.1 billion, primarily due to shifts in federal policy and market dynamics. The report highlights that despite these cancellations, approximately 80 percent of active investments are either operational or under construction. In Q4 2025 alone, new investments of $1.8 billion were announced, but cancellations totaled $8.3 billion, resulting in a net decrease of $6.5 billion in announced investments. The document also discusses the geographical distribution of investments, noting that states like Georgia and Michigan lead in announced investments. Additionally, it addresses the challenges faced by the electric vehicle sector, which experienced substantial cancellations, impacting the overall clean energy manufacturing landscape.