Clean Energy Is Driving ‘a New Era in American Manufacturing’ Across the Midwest
By Kristoffer Tigue, Inside Climate News.
Excerpt: The Midwest is emerging as a major manufacturing hub for the clean energy transition as federal incentives and falling prices for renewables spur companies to invest tens of billions of dollars into new factory operations across the country. In August 2022, Congress passed the Inflation Reduction Act, which provides generous tax credits for projects and purchases related to clean energy. Since then, Midwestern states have received about $30 billion dollars in private investments to boost domestic production of electric vehicles, batteries and equipment for solar and wind farms, according to a monthly tally of funding announcements kept by energy think tank E2. Michigan, Indiana and Ohio have received $11.6 billion, $7.8 billion and $7 billion respectively, the E2 analysis said, placing them among the top 10 states nationwide to receive the most private investments for clean energy projects between August 2022 and April of this year....