Clean Energy is Simultaneously Unraveling and Booming in the US
The clean energy sector in the United States is experiencing a paradoxical moment, involving rapid project development alongside a growing wave of cancellations and investment withdrawals. According to E2's report on Clean Economy Works, developers announced 54 new utility-scale solar, wind, and battery storage projects during the first quarter of this year. Together, these projects represent over $18 billion in planned investment and more than 12 gigawatts (GW) of new power generation and storage capacity. This is enough electricity to serve approximately two million homes. The surge in project announcements reflects a race by developers to secure federal clean energy tax incentives before new restrictions tied to the One Big Beautiful Bill Act…