Today Secretary Locke joined seven other U.S. government agencies in launching the Renewable Energy and Energy Efficiency Export Initiative, a coordinated effort to promote renewable energy and energy efficiency exports.
Through the Initiative, the U.S. government will support renewable energy and energy efficiency (RE&EE) exporters by offering new financing products, enhancing market access, increasing trade promotion and improving the delivery of export promotion services to current and future RE&EE companies. The federal government is also launching a new online portal as part of the Initiative to provide renewable energy companies easy access to government export resources, and the Commerce Department is committing to an increased number of RE&EE trade and trade-policy missions.
Energy is a $6 trillion global market, and clean energy is the fastest growing sector.
The Initiative is the federal government’s first-ever coordinated effort to support the promotion of renewable energy and energy efficiency exports and is designed to facilitate an increase of RE&EE exports during the next five years, helping to meet the goals of the National Export Initiative and President Obama’s challenge to become the leading exporter of clean energy technologies