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Clean-Energy Project Cancellations in the US

Sector: Energy Storage • Location: United States

Source: Bloomberg

Project
Cancelled

Companies canceled, closed or scaled back more than $22 billion worth of investments in clean-energy projects during the first half of 2025 ahead of a tax bill rollback of Biden-era green tax breaks. This represents about 17% of the $133 billion worth of green projects announced since 2022, with many projects based in Republican-led states. Notable cancellations include a $4.3 billion General Moto

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The project “Clean-Energy Project Cancellations in the US” is an infrastructure initiative in the Energy Storage sector, located in United States. Taiyo aggregates data on it from Bloomberg.

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cancelled

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Description

Description

Companies canceled, closed or scaled back more than $22 billion worth of investments in clean-energy projects during the first half of 2025 ahead of a tax bill rollback of Biden-era green tax breaks. This represents about 17% of the $133 billion worth of green projects announced since 2022, with many projects based in Republican-led states. Notable cancellations include a $4.3 billion General Motors Co. plan to expand a Michigan plant for electric pickup trucks. In June alone, $6.7 billion of projects were canceled, affecting battery, storage, and electric vehicle factories in Colorado, Indiana, and Michigan, resulting in over 5,000 job losses.

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High

Data quality score

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