|FOR IMMEDIATE RELEASE
May 17, 2010
Michael Chapnick | (703) 875-4357
CLEAN ENERGY DEVELOPMENT IN CHINA OFFERS
NEW EXPORT OPPORTUNITIES FOR U.S. TECHNOLOGY COMPANIES
USTDA Director Zak to Encourage U.S.-China Energy Cooperation in Beijing
ARLINGTON, VIRGINIA – In the lead-up to the U.S.-China Strategic and Economic Dialogue, Director Leocadia I. Zak will travel to Shanghai and Beijing, China from May 18-22, 2010 with Commerce Secretary Gary Locke to promote the export of U.S. clean energy technologies and services. Supporting the goals of the National Export Initiative, Director Zak will work to find ways USTDA’s program can open China’s market to U.S.-manufactured clean energy technologies as China continues to confront increasing demand for energy.
In November 2009, President Obama announced the launching of USTDA’s U.S.-China Energy Cooperation Program, which leverages private sector resources for clean energy project development in China.
Director Zak said that the United States will work closely with the private sector as it seeks to access China’s market for clean energy opportunities.
"Exporting clean energy, a priority of the National Export Initiative, will help the United States reach its goal to double its exports over the next five years," said Zak. "The clean energy business development mission provides an opportunity to create green jobs through increased U.S. exports abroad."
The clean energy business development mission will promote exports of leading U.S. technologies related to clean energy, energy efficiency and electric energy storage, transmission, and distribution.
The following companies will participate on the trade mission: 3TIER Inc.; AES Corporation; BPL Global, Ltd.; Capstone Turbine Corporation; Composite Technology Corporation; Covanta Energy Corporation; CURRENT Group, LLC; Dais Analytic Corporation; Duke Energy Corporation; DuPont; First Solar, Inc.; General Electric Company; MulvannyG2 Architecture; Oshkosh Corporation; Peabody Energy; Pratt & Whitney Power Systems, Inc.; Principle Power, Inc.; Suniva, Inc.; Synthesis Energy Systems, Inc.; The Boeing Company; The Dow Chemical Company; The McGraw-Hill Companies; The Timken Company; and United Solar Ovonic.
Following the clean energy trade mission, Director Zak will remain in Beijing until May 25, 2010 for the U.S.-China Strategic and Economic Dialogue where she will conclude grant agreements to support U.S. companies efforts to supply China’s market for energy and aviation development.
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The U.S. Trade and Development Agency advances economic development and U.S. commercial interests in developing and middle-income countries. The agency funds technical assistance, feasibility studies, training, reverse trade missions and business workshops to support development of modern infrastructure and a fair and open trading environment. USTDA's efforts create an enabling environment for trade, investment and sustainable economic development.
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