This Week in Climate & Clean Energy Wins: Week of 10/30/23

THREE NUMBERS TO KNOW :

$310 Billion211,350$8 Billion
The amount of clean energy investments announced since the Inflation Reduction Act passed. The number of clean energy jobs created as a result of President Biden’s clean energy plan.The additional amount Toyota is investing in their North Carolina EV battery plant, more than doubling their prior investments and expected jobs. 

This week, Climate Power released a new report celebrating America’s thriving clean energy economy as Biden Administration policies have delivered more than 210,000 jobs and counting. The report found that 33,000 of those jobs were located in rural communities throughout the country, thanks to $310 billion in new clean energy investments. New documents show that the U.S., E.U., and COP28 climate summit hosts are rallying governments to join a deal that would require installing 11,000 gigawatts (GW) – tripling the world’s renewable energy capacity before 2030.

In private sector news, First Solar is building a $1.1. billion solar panel factory in Courtland, Alabama, bringing green jobs to the reddest district in America. Toyota is investing an additional $8 billion into the hybrid and EV battery factory the company is constructing in North Carolina, more than doubling their prior investments and expected number of jobs.  Rivian’s new wind turbine is up and running at their Illinois plant, capable of generating nearly 10 million KW hours of electricity a year. Rivian estimates that in its 25-year lifetime, the turbine will avoid around 177,000 tons of CO2 emissions – the equivalent of taking 34,000 ICE vehicles off the road. And Sunpower has announced new deals to create solar standard communities across the country, representing nearly 1,000 solar homes across eight states. 

The Department of Energy announced up to $1.3 billion in funding for three transmission lines that will deliver an additional 3.5 gigawatts (GW) of grid capacity. The historic project is expected to power about 3 million homes and create 13,000 indirect and direct jobs. The Biden Administration approved plans for a Virginia offshore wind farm – the largest project of its kind, expected to produce enough energy to power more than 900,000 homes. The EPA launched a prize competition for electric vehicle (EV) drivers to show off their personal experience with sustainable transportation. The challenge will also showcase the benefits of sustainable transportation.

Lastly, Tucson Electric Power is starting construction on a $294-million battery system for solar energy that will store up to 800 MW hours. In Indiana, Canadian Solar announced plans to open an $800 million solar cell production plant, bringing 1,200 new jobs to the state. In Utah and Nevada, The Department of Energy will fund a 214-mile electrical transmission line. In Michigan, lawmakers are expected to vote on a package of environmental bills, including legislation requiring the state to reach 100 percent clean energy by 2040. In Colorado, state officials are confident they can slash power-sector emissions by 98.5 percent by 2040 compared to 2005 levels at no increased cost to consumers, according to a new memo from the Colorado Energy Office. 

New Reports

Private Sector

Biden Administration

State-Level