More than 200 major clean energy projects have been canceled or downsized since Trump took office again, costing nearly half a million jobs and $55 billion in annual GDP growth.
It’s been a little more than a year since the One Big Beautiful Bill Act began dismantling federal clean energy incentives—just one part of the Trump administration’s broader attacks on renewables, from freezing funds and canceling permits to paying developers to cancel plans for offshore wind farms. A new report tallies what the policy shift has cost the economy.
More than 200 major clean energy projects were canceled, closed, or downsized between the beginning of 2025 and May 2026, according to a report from E2, a nonprofit that tracks the clean energy economy, and the research and consulting firm BW Research. That includes factories like a $1.4 billion battery plant that Natron Energy planned to build in North Carolina—creating more than 1,000 jobs—and a $2.57 billion battery plant that Freyr Battery, now called T1 Energy, planned to build in Georgia. Other canceled initiatives span solar and wind farms, and EV facilities, including Stellantis’s scrapped $3 billion battery plant and parts hub in Illinois.
