For Immediate Release: April 13, 2012
Contact: Mara Lee (202) 482-3809
Commerce Trade Official Leads Clean Energy Efficiency Trade Misison to Saudi Arabia
RIYADH, Saudi Arabia – U.S. Commerce Department Assistant Secretary for Manufacturing and Services Nicole Lamb-Hale will arrive in Riyadh tomorrow to head the Commerce Department’s latest trade mission to Saudi Arabia. Lamb-Hale is leading a delegation of representatives from 13 U.S. businesses from the solar, green building, smart grid and energy efficiency sectors seeking to help Saudi Arabia meet its renewable energy and energy efficiency goals.
“I am pleased to lead these American companies on a trade mission to Saudi Arabia,” said Lamb-Hale. “The United States supports Saudi Arabia’s focus on advancing clean energy and energy efficiency. We see great opportunities for increased Saudi-U.S. commercial cooperation in achieving the goals set forth by the Saudi government.”
The Saudi Arabian government is committed to reducing its reliance on petroleum for power generation and pursuing the development of alternative energy sources and energy efficiency as demand for power continually increases. More than $100 billion will be invested during the next 10 years to develop clean, non-hydrocarbon sources, focused primarily on nuclear and solar technologies.
This mission will help U.S. companies explore long-term business opportunities in Saudi Arabia and enhance U.S.-Saudi commercial relations by providing participants with first-hand market information, and access to government decision makers. Additionally, one-on-one meetings with potential agents, distributors, and partners will allow participating firms to position themselves to enter or expand their presence in these sectors.
The following companies were selected for participation in the trade mission:
- Abound Solar – Loveland, Colo.
- Areva Solar – Mountain View, Calif.
- Capstone Turbine – Chatsworth, Calif.
- Dais Analytic Corporation – Odessa, Fla.
- First Solar – Tempe, Ariz.
- Opower – Arlington, Va.
- OSISoft, Inc. – San Leandro, Calif.
- Petra Solar – South Plainfield, N.J.
- Recurrent Energy – San Francisco, Calif.
- SAIC Energy Environment and Infrastructure, LLC – Oklahoma City, Okla.
- SkyFuel, Inc. – Arvada, Colo.
- SunEdison – Belmont, Calif.
- Sunshine Industries – Coral Gables, Fla.
The International Trade Administration’s (ITA) U.S. and Foreign Commercial Service, an arm of the U.S. Department of Commerce, has representation across the globe to help businesses start exporting, increase their exports, and find business opportunities in foreign countries.
Craig O’Connor, Director of the Office of Renewable Energy and Environmental Exports at the U.S. Ex-Im Bank and Colin McCormick, Senior Advisor for Research and Development to the Under Secretary at the U.S. Department of Energy will also participate in the trade mission.
For additional information, please visit www.export.gov/trademissions and http://www.export.gov/saudiarabia/.
###
International Trade Administration
The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,100 employees assisting U.S. exporters in more than 100 U.S. cities and 77 countries worldwide. For more information on ITA visit www.trade.gov.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.