In January, there was an uptick in clean manufacturing investments compared to the previous month, spanning multiple sectors, including batteries, transmission and grid materials, critical minerals, wind energy, and electric vehicles.

Please find updates from the Clean Economy Tracker for the month of January below!

For more information or assistance, please contact [email protected].

January 2026

There were nine new clean economy investment announcements in January.

They add up to

• $6.9 billion and

• 1,240 new announced jobs across

• Seven states: Arizona, Georgia, Michigan, New Mexico, South Carolina, Tennessee, and Texas.

There were also $620 million in canceled investments and 350 retracted jobs in January, following the cancellation of plans to build a $620 million solar wafer facility in Oklahoma and staff cuts at a Michigan‑based battery firm due to losing an EV supply contract.

2026 Announcements

In total in 2026 so far there have been:

• $6.9 billion new investments, representing 1,240 jobs

• $620 million in canceled and retracted investments, representing 350 jobs

States leading between August 2025 and January 2026

Announced Investments:

Tennessee led the last six months with the highest total newly announced investments, at $8.6 billion, followed by Kentucky ($3.5 billion) and Georgia ($2.9 billion).

Announced Jobs:

Kentucky led the last six months with the most newly announced manufacturing jobs, totaling 2,410, with South Carolina (2,150), and Texas (1,950) following.

Investment Announcements

New Facility Announcements

New Mexico “Electric vehicle manufacturer GreenPower Motor Company announced they have reached an agreement with the New Mexico Economic Development Department (EDD) to establish operations in Santa Teresa, NM. The new 135,000 sq. ft. facility in Santa Teresa will become the company’s base for North American operations and US corporate headquarters. The move is estimated to generate over $200 million in economic impact for New Mexico over the next decade, creating more than 340 jobs.” Announcement, 1/8/2026

Tennessee “Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Laser Isotope Separation Technologies officials announced the company will expand in Roane County. LIS Technologies will create 203 jobs and invest $1.38 billion in an Oak Ridge, Tennessee, facility on the formerly named Duct Island. This announcement marks the third-largest nuclear-related investment since the creation of TNECD’s Nuclear Energy Fund.” Announcement, 1/16/2026

Arizona “ERMCO, leading manufacturer of distribution transformers, announced it will open a new manufacturing facility in Maricopa County, Arizona. This strategic expansion marks a bold step in ERMCO’s mission to be the Industry’s Most Valued Partner and reflects the company’s commitment to innovation, growth, and community engagement. The investment will create more than 500 new jobs.” Announcement, 1/21/2026

Tennessee “Standard Nuclear will use its $140M in Series A funding to expand annual TRISO production. This latest capital raise will support Standard Nuclear’s rapid buildout of new fuel development and fabrication infrastructure beyond the company’s existing operational and privately funded commercial-scale TRISO manufacturing line in Oak Ridge, Tennessee.” Announcement, 1/26/2026

Michigan “DDP Specialty Electronic Materials US, LLC has announced their plans to add 6,000 square feet to their existing facility in Midland, Midland County, for a new production process that will provide materials use in the global EV industry. The expansion will add additional truck docks, warehouse space and a five-story manufacturing space.” Announcement, 1/28/2026

South Carolina “Cyclic Materials, the advanced recycling company creating a resilient and secure circular supply chain for rare earth elements (REEs) and other critical materials, announced it is investing more than USD $82M to establish a rare earth recycling campus in McBee, South Carolina. The new site will host Cyclic Materials’ second U.S. Spoke facility and the company’s largest Hub facility to date, capable of processing 2,000 tonnes of magnet material with a planned expansion to 6,000 tonnes per year.” Announcement, 1/29/2026

New Updates and Expansions

Tennessee “The Orano Uranium Enrichment Facility has been selected by the U.S. Department of Energy (DOE) for a $900 million award for the domestic production of low-enriched uranium (LEU). This decision is a key milestone to accelerate Orano’s development of a $5 billion facility project in Oak Ridge, Tennessee, to deliver new, diversified, and competitively priced U.S.-based production of enriched uranium for powering American nuclear energy reactors.” Update, 1/5/2026

Georgia “In November San Diego-based home battery storage company NeoVolta formed NeoVolta Power, a joint venture (JV) to develop a US battery energy storage system (BESS) manufacturing platform in Pendergrass, Georgia. In January of 2026, Neovolta announced that the plant will initially concentrate on assembling prismatic-cell battery packs and integrating DC containers, supporting around 89 workers at its steady-state initial capacity.” Update, 1/15/2026

Texas “Noveon Magnetics announced the close of a $215 million Series C financing led by a $200 million investment from One Investment Management (OneIM). This investment positions Noveon to accelerate its growth trajectory by expanding capacity at its San Marcos facility beyond 2,000 tons per year, enabling the company to support existing commercial partners and capture growing demand from critical industries requiring high-performance, high-quality magnetic materials.” Update, 1/19/2026

About the data

The Clean Economy Tracker (CET) tracks private-led investments and jobs in clean energy manufacturing, deployment as well as related public statements by lawmakers serving in the U.S. Congress. Clean energy manufacturing and deployment covers production facilities for batteries, critical mineral production and processing, electric vehicles, heat pumps, hydrogen electrolyzers, transmission and grid materials, and zero-emissions electricity generation (including solar, wind and nuclear). The tool was developed by Atlas Public Policy and Utah State University and is updated at least weekly.

Note the data cover manufacturing only and are through September 31, 2025. The jobs reflect direct, permanent manufacturing jobs and do not include indirect or construction jobs. Jobs canceled refers to clean energy jobs canceled. Where production is moved to another facility, production at the original facility is marked as canceled and investment and jobs are marked as canceled. If and when investment and jobs numbers at the new facility are announced, they will be added to the database.

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