New clean energy investments have topped $40B since the IRA passed

Clean energy investments soared in a recent three-month period, totaling $40 billion and equaling the entire amount invested in 2021, according to an industry group.

The report by American Clean Power, a trade group, covers a period of growth the clean energy sector saw between Aug. 16, the day the Inflation Reduction Act was signed into law, and Nov. 30, including the announcement of 20 new clean energy manufacturing facilities or facility expansions.

Twelve are solar manufacturing facilities, representing more than a 300% increase in solar module manufacturing capacity in the U.S. and a potential new 22 GW. Overall, 13 GW of clean energy project capacity have been announced.

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Source: Utility Dive

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