Since the Inflation Reduction Act (IRA) was enacted, businesses have unveiled 27 significant clean energy and electric vehicle (EV) initiatives in Georgia. This surge includes the announcement of a $344 million solar glass manufacturing plant last month, expected to generate at least 600 new jobs. This development positions Georgia as a front-runner in large-scale clean energy projects post-IRA, with over 15,000 job opportunities announced in connection with these ventures.
In February, leaders from Georgia's clean energy sector engaged with both Republican and Democratic congressional representatives in Washington, D.C. Their discussions aimed at rallying support for the IRA and countering moves to diminish or dismantle the act's substantial tax incentives which are credited with catalyzing significant investments in clean energy and EVs within the state.
Michael Timberlake, E2's Communications Director, emphasized the importance of the IRA, stating its critical role in propelling America's next major economic boom. The shift towards clean energy is not only generating thousands of jobs and fostering billions in economic growth across diverse American communities but also signifies a major step towards sustainable development.
These announcements have resulted in over 15,000 new jobs and $15 billion in capital investments in Georgia alone. Additionally, 292 projects declared across 41 states and Puerto Rico will create 102,000 jobs and involve $118 billion in new investments.
Georgia ranks first nationwide in the number of clean energy projects announced since the IRA's implementation, with 27 projects. It also leads in the total number of jobs created by these new clean energy initiatives, tallying 15,481 positions. In terms of investment, Georgia is the second state, following North Carolina, with $15 billion invested in clean energy projects.
While some announcements do not specify job creation or investment figures, the overall impact underscores the significant economic and environmental benefits attributed to the IRA's influence on clean energy and electric vehicle projects. For a comprehensive overview, E2 provides a full map and list of these announcements on their website.
E2 began tracking this compilation of clean energy announcements in August 2022, and they've categorized details by state, sector, industry type, and congressional district, showcasing the IRA's pivotal role in driving the clean energy sector's growth.
