June saw a significant increase in announced investments compared with May, making it the strongest month for net investment in 2026, while announced job creation remained relatively steady. Announcements spanned multiple sectors, including batteries, minerals, magnets, solar, and transmission and grid. Combined, new investments in clean energy manufacturing reached $33.7 billion in the first half of 2026, a 71% increase from the same time last year.

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

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

June 2026

There were fifteen new clean economy investment announcements in June.

They add up to

• $10 billion and

• 3,000 new announced jobs across

• Ten states: California, Kansas, Louisiana, New Mexico, North Carolina, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

In June, 705 jobs were cancelled after Lucid Motors announced it would be cutting 18% of its workforce and eliminating the second production shift at its Casa Grande factory in Arizona.

2026 Announcements

In total in 2026 so far there have been:

• $33.7 billion new investments, representing 12,350 jobs

• $6.4 billion in canceled and retracted investments, representing 12,440 jobs

States leading in 2026

Announced Investments:

New Mexico leads all other states with the highest total newly announced investment, at $10.8 billion, followed by Tennessee ($7.0 billion) and Texas ($6.1 billion).

Announced Jobs:

Texas leads in 2026 with the most newly announced manufacturing jobs, totaling 3,570, with New Mexico (1,560), and South Carolina (1,250) following.

Investment Announcements

New Facility Investments

“USA Rare Earth, a global leader in rare earths, critical minerals and advanced materials, announced it has selected Cherokee County for its first South Carolina operation. The total investment for the project of approximately $1.2 billion will create about 490 new jobs in the state.” Announcement, 6/3/2026

“Mosdorfer LLC (Mosdorfer), a manufacturer of energy infrastructure, today announced it selects Oconee County for its first U.S. operation. The company’s $44.55 million investment will create 107 new jobs.” Announcement, 6/3/2026

“MSolar Manufacturing, a Virginia-based startup specializing in the production of premium-grade solar panels, will invest $23,775,000 to establish a vertically integrated solar manufacturing facility in Shenandoah County, VA. The facility in Mount Jackson will produce high-efficiency solar modules designed for large-scale energy projects, creating 150 new jobs in the region.” Announcement, 6/4/2026

“Wildcat Discovery Technologies, a wholly owned subsidiary of Holyvolt Group, and Energy Exploration Technologies, announced they have entered into an agreement to advance a U.S.-based lithium iron phosphate (“LFP”) cathode active material manufacturing facility in Hooks, Texas. The project represents more than $230 million of total project investment and is expected to create an estimated 150 direct permanent jobs.” Announcement, 6/4/2026

“IperionX’s Titan Critical Minerals Project in Tennessee is expected to produce titanium, zircon, and heavy rare earth concentrates. The Phase 2 expansion requires an additional $153.2 million investment, bringing total project development capital to $381.3 million.” Announcement, 6/8/2026

“Convalt Energy plans to invest up to $5 billion to develop a manufacturing campus in Gallup, New Mexico, producing solar cells, solar modules, and solar glass, supported by up to 1 GW of behind-the-meter power generation. The project is expected to create approximately 900 permanent jobs.” Announcement, 6/16/2026

“Greenbrier Smokeless, Flash Metals USA and AmForge Corporation announced that they plan to build a rare earth mineral extraction operation on land owned by Greenbrier Smokeless near Rupert, West Virginia. The $150 million project is expected to employ 250 people.” Announcement, 6/30/2026

New Updates and Expansions

“Urenco USA is expanding its Eunice, New Mexico uranium enrichment facility by nearly 50%. The company has invested over $5 billion in the facility since 2006, with the expansion expected to support 300-600 construction jobs and 70 permanent jobs.” Expansion, 6/2/2026

“ElementUSA announced the capital expenditure for its rare earth processing facility in St. John the Baptist Parish, Louisiana, has increased from $850 million to approximately $1.1 billion.” Update, 6/3/2026

“LiCAP Technologies announced it has executed an $11.3 million grant funded by the California Energy Commission (CEC) under the CALSTART managed PowerForward program to significantly expand its battery manufacturing capabilities and accelerate the commercialization of its dry electrode platform at its Sacramento facility.” Update, 6/4/2026

“TOYO Co announced its decision to expand its U.S. manufacturing platform by building a 1.5 GW heterojunction (HJT) solar cell manufacturing facility, representing a total projected capital investment of approximately $357 million. The state-of-the-art facility will be co-located at the Company’s existing solar module site in Houston metropolitan area, Texas, creating an integrated manufacturing hub expected to generate approximately 400 direct full-time manufacturing jobs.” Expansion, 6/8/2026

“Orange EV announced that employment at its Kansas City, Kansas, electric vehicle assembly plant has increased from 180 to 365 employees. The company is on pace to triple sales compared to last year, while production has grown from approximately 35 terminal trucks per month when it moved into its new Kansas City facility in January 2024 to roughly 120 trucks per month as of June 2026.” Update, 6/18/2026

“EnergyX and Wildcat Discovery Technologies increased their proposed investment in a planned lithium battery materials plant at Texas‘ TexAmericas Center to $500 million. However, SEC filings indicate that EnergyX remains unprofitable and has financed much of its growth through capital raised from retail investors.” Update, 6/23/2026

“Forge Nano plans to invest approximately $300 million in a battery manufacturing plant in Morrisville, North Carolina, an increase from the $240 million investment originally announced. The facility will produce battery cells using Forge’s nano-coating technology, with construction expected to begin soon following a partnership with Samsung SDI and operations targeted for 2028.” Update, 6/26/2026

“Hitachi Energy announced that its original South Boston, Virginia, transformer manufacturing facility now employs 850 people.” Update, 6/29/202

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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