Texas 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 Texas into a solar and electric vehicle manufacturing powerhouse. Across the state, new clean energy projects have already spurred $13.24 billion in investment, the 5th highest in the nation, and created or moved forward over 17,128 good-paying clean energy jobs, the 3rd highest nationally. Projects span six sectors, including solar, wind, electric vehicles, batteries, electric grid and transmission, and hydrogen. In Texas’ rural communities, companies have announced $35 million in investment and the creation of 450 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.