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Energy

Manufacturing the equipment of the energy transition — solar modules, transformers, switchgear, electrolyzers, advanced batteries — has become a domestic industrial priority in its own right. The Inflation Reduction Act's §45X advanced-manufacturing production credits make the unit economics workable at US labor costs. Transformer shortages are now a meaningful constraint on the broader power-grid expansion.

Projects
5
Investment
$5.96B
Jobs
5,400
Companies
5
States
5
Geographic Distribution

Projects across the country

Largest announced project
Energy

QCells (Hanwha)

Cartersville, Georgia
Investment
$2.50B
Open project →
Largest employer by jobs
Energy

QCells (Hanwha)

Cartersville, Georgia
Expected jobs
2,500
Open project →
Top investing states

Energy by state

  1. Georgia
    1 projects
    2,500 jobs
    $2.50B
  2. Alabama
    1 projects
    700 jobs
    $1.10B
  3. Oklahoma
    1 projects
    1,000 jobs
    $1.00B
  4. West Virginia
    1 projects
    750 jobs
    $760.0M
  5. New York
    1 projects
    450 jobs
    $600.0M
Top companies

By announced investment

  1. QCells
    1 projects
    2,500 jobs
    $2.50B
  2. First Solar
    1 projects
    700 jobs
    $1.10B
  3. Enel 3Sun USA
    1 projects
    1,000 jobs
    $1.00B
  4. Form Energy
    1 projects
    750 jobs
    $760.0M
  5. GE Vernova
    1 projects
    450 jobs
    $600.0M
Timeline

Announcement chronology

  1. Aug 5, 2024GE VernovaSchenectady, New York · Energy$600.0M
  2. Feb 22, 2023Enel 3Sun USAInola, Oklahoma · Energy$1.00B
  3. Jan 11, 2023QCells (Hanwha)Cartersville, Georgia · Energy$2.50B
  4. Dec 22, 2022Form EnergyWeirton, West Virginia · Energy$760.0M
  5. Oct 20, 2022First SolarLawrence County, Alabama · Energy$1.10B
Every tracked project

Energy ledger · 5

CompanyIndustryLocationStatusInvestmentJobsAnnounced
GE VernovaEnergySchenectady, New YorkUnder Construction$600.0M450Aug 5, 2024
Enel 3Sun USAEnergyInola, OklahomaPlanning$1.00B1,000Feb 22, 2023
QCells (Hanwha)EnergyCartersville, GeorgiaUnder Construction$2.50B2,500Jan 11, 2023
Form EnergyEnergyWeirton, West VirginiaOperational$760.0M750Dec 22, 2022
First SolarEnergyLawrence County, AlabamaOperational$1.10B700Oct 20, 2022
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