Over the Next Decade in North Carolina, Advanced Energy Tax Credits Will Generate:
$23.5B New Manufacturing Investments
$103B New Private Sector Investments
Toyota Battery Manufacturing, North Carolina
- Status: Operational
- Location: Liberty, NC (Randolph County)
- Congressional District: North Carolina 9th
- Technologies: Battery Manufacturing
- Relevant Tax Provision: Manufacturing Production Tax Credit (45X)
- Fast Facts:
- Jackson County’s next battery manufacturing facility commenced operation in early 2025. Toyota has invested nearly $14 billion in this production facility which aims to create 5,100 new jobs.
- To date, Toyota Battery Manufacturing North Carolina has donated an additional $1 million to enhance workforce readiness.
- The North Carolina facility will be Toyota’s first-ever battery plant in North America.
Macadamia Solar Project
- Status: In Development
- Location: Washington County, NC
- Congressional District: North Carolina 1st
- Technologies: Solar
- Relevant Tax Provision: Investment Tax Credit
- Fast Facts:
- EDF Renewables is developing a 484-megawatt solar farm in Washington County, NC, enough to power 91,500 homes.
- EDF has sponsored community events and engaged with local schools and workforce organizations to educate the next generation of energy professionals in North Carolina.
- Macadamia Solar is expected to be operational in 2028 and will provide low-cost, reliable clean power while creating local jobs in the process.
Boviet Solar Module Factory
- Status: Operational
- Location: Greenville, NC (Pitt County)
- Congressional District:
- Technologies: Solar Module Manufacturing
- Relevant Tax Provision: Manufacturing Production Tax Credit (45x)
- Fast Facts:
- Boviet Solar’s $294 million facility is now operational. The facility produces American-made solar modules and is one of the largest clean energy manufacturing investments in the country.
- Phase 1 has created roughly 460 jobs in North Carolina, and Boviet has been recognized as a Tier 1 module manufacturer by Bloomberg New Energy Finance since 2017.
- Phase 2 will commence in 2026 and is expected to add an additional 908 jobs and 1,965 indirect positions, bringing more than 3,200 jobs to the region.
109,723
Advanced Energy Jobs in North Carolina