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Over 100,000 manufacturing jobs announced since Inflation Reduction Act passed

Over 100,000 manufacturing jobs announced since Inflation Reduction Act passed
Inside Toledo Solar's manufacturing plant, where the company produce cadmium telluride thin-film solar modules.(Courtesy: Toledo Solar)

More than 100,000 manufacturing jobs have been announced in the U.S. since the Inflation Reduction Act was signed into law, following the April announcements of four new large scale clean energy projects expected to hire 1,500 manufacturing workers.

The new projects are estimated to invest over $2 billion and bring the total number of projects announced since the IRA to 305, according to the monthly tally of private-sector announcements from E2.

Among the projects announced in April was a $1.4 billion investment by Toyota to build a three-row electric SUV at its Princeton facility in Indiana and a $294 million investment by Boviet Solar to build its first solar manufacturing plant in North America in North Carolina that will employ over 900 workers.  

In all, at least 305 major clean energy projects have been announced in 40 states and Puerto Rico since the IRA passed, according to E2’s analysis. Companies have also announced at least 105,454 new jobs and over $123 billion in capital investment for these projects. 

In April, manufacturing projects accounted for all four announcements. Indiana received the largest investment in April ($1.4 billion), and now ranks fifth for the most investment dollars announced for new clean energy projects with $7.8 billion. The solar energy sector received the most announcements with two. Two projects will be located in congressional districts held by Republicans and the two in Democratic-controlled districts.

Clean Energy Works April 2024 | projects announced by date

DateCompany/OrgState SourceSectorTypeJobsInvestment
4/15OMCO SolarALLinkSolarManufacturing70$10,000,000
4/19TopsoeVALinkHydrogenManufacturing150$400,000,000
4/26Boviet SolarNCLinkSolarManufacturing908$294,000,000
4/25ToyotaINLinkEVManufacturing340$1,400,000,000

Clean Energy Works | total projects announced by state Aug. 2022-April 2024

StateProjectsJobsInvestments
Alabama71,420$1,613,000,000
Arkansas2500$250,000,000
Arizona92,330$5,901,000,000
California13160$1,600,000,000
Colorado72,382$880,000,000
Connecticut4100$24,800,000
Florida2250$72,000,000
Georgia2715,481$15,086,500,000
Iowa20N/A
Illinois72,719$2,563,500,000
Indiana114,562$7,816,000,000
Kansas3180$110,000,000
Kentucky81,149$1,958,400,000
Louisiana51,039$1,713,500,000
Massachusetts61,041$45,700,000
Maryland2205$14,000,000
Maine1200$6,000,000
Michigan2912,170$11,686,700,000
Minnesota4700$155,000,000
Missouri2300$100,000,000
Mississippi32,340$2,015,000,000
North Carolina199,776$19,524,459,000
Nebraska10N/A
New Hampshire10$16,300,000
New Mexico62,542$1,243,000,000
Nevada65,250$6,600,000,000
New York122,799$785,000,000
Ohio184,854$7,073,800,000
Oklahoma61,490$3,650,000,000
Oregon10N/A
Pennsylvania2157$116,100,000
Puerto Rico1800N/A
Rhode Island10N/A
South Carolina2413,589$14,396,900,000
Tennessee154,735$5,283,700,000
Texas218,811$7,769,000,000
Utah20$1,000,000,000
Virginia4299$445,500,000
Vermont112N/A
Wisconsin6262$242,000,000
West Virginia4850$1,335,000,000

Clean Energy Works | total projects announced by technology sector Aug. 2022-April 2024

SectorProjectsJobsInvestment
Battery/Storage6823,946$41,370,400,000
Biofuel140$0
Energy Efficiency1200$6,000,000
EV14261,123$81,227,700,000
Geothermal10$0
Grid, Transmission and Electrification162,348$1,809,859,000
Hydrogen 173,488$5,542,800,000
Semiconductor21,970$5,375,000,000
Solar6925,157$13,823,000,000
Wind202,694$2,952,500,000

Clean Energy Works | total projects announced by industry type Aug. 2022-April 2024

TypeProjectsJobsInvestment
Generation373,744$8,615,000,000
Manufacturing254100,950$112,081,359,000
R&D10610$453,000,000
Recycling4150$71,000,000

Clean Energy Works | total projects announced by congressional district Aug. 2022-April 2024

PartyProjectsAnnounced JobsAnnounced Investments
Republican17171,761$105,179,100,000 
Democratic9725,026$15,362,800,000
Unknown377,630$2,549,959,000