For Immediate Release: November 8, 2011
Contact: Mary Trupo (202) 482-3809
Senior Obama Administration Trade Official To Lead Renewable Energy and Energy Efficiency Mission to Turkey
Seventeen U.S. Firms to Explore Export Opportunities in Growing Market
WASHINGTON –Under Secretary of Commerce for International Trade Francisco Sánchez announced today that he will lead representatives from 17 U.S. renewable energy and energy efficiency companies on a trade mission to Turkey, December 5-9. The mission will identify opportunities for U.S.-Turkish business partnerships and offer trade and project financing to qualified U.S. firms.
“In September of this year, I was pleased to chair the first meeting of the U.S-Turkish Business Council in Istanbul and I learned about the great opportunities in Turkey,” said Sánchez. “I look forward to returning to Turkey with leading U.S. renewable energy and efficiency firms to help facilitate partnerships and explore new commercial opportunities that will help our companies sell more of their world class products and help Turkey reach its energy goals.”
The mission will assist U.S. companies in the renewable energy and energy efficiency sectors partner with Turkish companies and identify new opportunities and markets to increase their exports and support American jobs.
U.S. exports to Turkey in 2010 totaled more than $10 billion, a 40 percent increase from the previous year. U.S. exports are projected to grow to more than $12 billion in 2011. Energy demand in Turkey will grow nearly 5 to 7 percent per year into 2023, requiring more than $100 billion of investment in power generation, transmission, and distribution. By 2023, Turkey intends to produce 30 percent of its power needs from renewable resources, including solar, wind, hydro, geothermal and biomass.
Mission participants will be introduced to international agents, distributors, and end-users whose capabilities and services are targeted to each participant’s needs. This mission will support the President’s National Export Initiative and the Renewable Energy and Energy Efficiency Export Initiative goals through increased sales of U.S. equipment and services in Turkey.
The participating companies include:
- Abound Solar – Loveland, CO
- Dow Chemical – Midland, MI
- First Solar – Tempe, AZ
- Ingersoll Rand – North America HQ in Davidson, NC
- Johnson Controls, Inc. – Milwaukee, WI
- Ko-Tech – Mclean, VA
- Kvar Energy Savings, Inc. – Daytona Beach, FL
- OSISoft LLC – San Leandro, CA
- SolarReserve LLC – Santa Monica, CA
- World Business Capital – Hartford, CT
- AES – Arlington, VA
- Combustion Associates, Inc. – Corona, CA
- Sun Edison LLC – Belmont, CA
- Clipper Wind Power LLC – Carpinteria, CA
- Energy Xtreme LLC – Austin, TX
- General Electric – Fairfield, CT
- MEGTEC Systems, Inc. – De Pere, WI
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