Slide 1

Perhaps we use a photo from the report itself. 1Clean Energy Industry is Significant$10 Billion Industry in MA2.5% of Gross State Product

2.4% of Massachusetts jobs5,985 Firms2.7% of Massachusetts FirmsAnd Continues to Grow

Employment (top) and Firm (bottom) GrowthThree Pillars of Growth

Massachusetts is an Attractive Local Market

#1 State in Energy Efficiency7 Year Average ROI for SolarPositive Consumer Attitudes

Percentage of customers in MAGlobal markets are GrowingMajority of Energy to be Zero Emission by 2030Massachusetts has Untapped Export Potential

66% of clean energy manufacturers and 39% of professional services firms export outside MA

Private Investment Fuels Innovation Ecosystem

MA is #1 in per-capita in early-stage and growth equity Investment

MA is behind only California in total dollars invested in clean energy companies

7Clean Energy Job Growth by Activity

Engineering Jobs - Overall

A Highly Educated WorkforceMore than 25% of new hires over the past 12 months were to fill professional or managerial positions, which typically pay more than double the state average wage.Most jobs require at least an Associate Degree

Massachusetts is the Most Educated State in the U.S.

Potential Threats to GrowthPerhaps we use a photo from the report itself. 11Difficulty Hiring is on the RiseAbout one in five businesses report great difficulty finding workers

This is up from only 10% in 2013.

Nearly one in four face difficulty finding experienced workers

Firms are still making do but concern is growingClean Energy WorkersExperience Profile[Caption]

64.6%90.4%Capital Needs

Installation, Sales and Professional Services R&D, Engineering and Manufacturing Capital SourcesLack of Capital limited growth of 24% of firms that sought financing

Federal Investments Down, MA Share Rises

MA funding is 98% DOE funding, and captured 28% of ARPA-E grant allocation in 2013

Technology HighlightsPerhaps we use a photo from the report itself. 16Energy Efficiency Highlights

Energy Efficiency HighlightsMassachusetts #1 in Energy Efficiency 3 years in a row ---ACEEE10,625 workers in early stage companies3 in 4 jobs are energy efficiency jobs and more than 1 in 5 workers are in engineering or manufacturing2/3 have a majority of customers in MassachusettsRoughly half the vendors are outside of MassachusettsRenewable Energy Highlights

Renewable Energy HighlightsAlmost half the jobs are sales or installationJobs in early-stage firms account for less than 2%Roughly 2/3 of the vendors are outside of Massachusetts61% of customers in MassachusettsSolar jobs are booming with over 1,000 new jobs since 2013GHG Management

Alternative TransportationMassachusetts Regional Employment

MethodologyEmployer survey based methodology1,891 firms respondedStratified, clustered sample of firms to be representative by size, region, and typeIncludes known firms and sampling from likely industriesMargin of error well below industry standardExecutive interviews with employersi3 investment data