Texas canceled nearly $4.4B in clean energy projects in 2025 due to federal policy changes, slowing solar and battery growth across the state.
HOUSTON — For the first time, canceled investments into clean energy manufacturing have exceeded new investments in the sector nationwide.
While Texas has been spared much of the manufacturing cancellations, the state has still seen billions of dollars of cancellations in clean energy production, according to data from Rhodium Group.
Hannah Hess, an associate director with Rhodium Group’s Energy & Climate practice, told the Houston Business Journal that Texas is following similar trends as the rest of the country, with a high amount of canceled energy investments in the first half of this year.
Nationally, the quarterly average — which is used to smooth out trends that may be specific to a single quarter — of canceled investments in 2024 was about $4 billion, Hess said. In the first half of 2025, that number has risen to $12 billion.
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