US clean energy is booming and unraveling at the same time
The US clean energy sector is experiencing significant growth alongside notable setbacks. In the first quarter of 2026, developers announced over 50 new renewable energy projects, but also canceled 38 projects, reflecting a turbulent landscape. The industry is facing pressures from changing federal policies and rising electricity demand, complicating the clean energy transition.
- ▪Developers announced 54 new large-scale renewable energy projects in Q1 2026, nearly double the number from all of 2025.
- ▪The announced projects represent over $18 billion in planned investment and would add more than 12 gigawatts of new electricity generation capacity.
- ▪At the same time, 38 utility-scale projects were canceled, representing nearly $13 billion in local investment and around 33,000 jobs.
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