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Clean Investment Monitor: US Q1 2026 Update
In the first quarter of 2026, clean energy and transportation investment in the United States totaled $61 billion, a 3% decline from Q4 2025 and a 9% decline from Q1 2025.
Partner
Michael Delgado is a Partner at Rhodium Group, focusing on quantifying and assessing the impacts of investments in the energy transition.
Energy & ClimateMike leads the Energy & Climate Data Platforms team, which develops data products and manages research & delivery platforms for the Energy & Climate practice. As part of this role, Mike leads Rhodium’s research team working on the Clean Investment Monitor, a collaboration with MIT’s Center for Energy and Environmental Policy Research. Mike’s team also manages the ClimateDeck, Rhodium’s energy & climate data platform. Prior to this role, Mike led a team building tools to quantify asset-level physical climate risks for the financial sector.
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In the first quarter of 2026, clean energy and transportation investment in the United States totaled $61 billion, a 3% decline from Q4 2025 and a 9% decline from Q1 2025.
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In the final quarter of 2025, clean energy and transportation investment in the United States totaled $60 billion, a 23% decline from Q3.
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In the third quarter of 2025, clean energy and transportation investment in the United States totaled $75 billion, representing the highest quarter of investment on record.
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In the second quarter of 2025, clean energy and transportation investment in the United States totaled $68 billion, a 0.3% decrease from the previous quarter, but a 1% increase from the same period in 2024.