The Clean Energy Technology Manufacturing and Export Assistance Act of 2010 was passed by the House of Representatives Wednesday. The act supports the development, implementation and longevity of a National Clean Energy Technology Export strategy through a $15 million Clean Energy Technology Manufacturing and Export Assistance Fund. The fund also assists domestic clean tech companies by locating markets abroad for export. This is great news for the 30% of small/medium sized clean tech companies who lack the market information and export opportunities/process to offer their products to the global community. The Department of Energy predicts that U.S. clean tech exports will increase from $7.7 billion to $40 billion by 2020, creating more than 750,000 jobs.
For more information visit http://www.govtrack.us/congress/bill.xpd?bill=h111-5156.
The Clean Tech Center