Companies cancel clean energy projects that would have created 40,000 jobs » Yale Climate Connections

FILE - A huge foundation for an Orsted offshore wind turbine, called a monopile, sits atop wheeled movers in Paulsboro, N.J., July 6, 2023. The Danish wind energy developer Ørsted said it's scrapping its Ocean Wind I and II projects off southern New Jersey due to problems with supply chains, higher interest rates and a failure to obtain desired tax credits. (AP Photo/Wayne Parry, File)

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From 2021 to 2024, clean energy manufacturing in the U.S. boomed.

Companies announced more than $200 billion in investment in producing EVs, batteries, solar panel parts, and more – along with the creation of more than 200,000 jobs.

But last year, the industry took a downturn.