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Arizona Clean Energy Boom Report

November 1, 2023

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Passing the Inflation Reduction Act (IRA) has kicked America’s clean energy sector into high gear, transforming Arizona into an electric vehicle battery manufacturing powerhouse. Across the state, climate and clean energy investments have already spurred $10.01 billion in investment, the 10th highest in the nation, and created or moved forward 13,570 good-paying clean energy jobs, the 8th most in the country. Since the IRA’s passage, 16 new clean energy projects have been announced or moved forward in Arizona, ranking 6th in the nation. Projects span four sectors, including solar, batteries, electric vehicles, and electrical grid distribution and transmission. In Arizona’s rural communities, companies have announced $1.7 billion in investment and the creation of 500 good-paying clean energy jobs. The IRA will continue to accelerate the clean energy jobs boom while lowering energy costs for families, investing in disadvantaged communities, and reducing climate pollution across the state.