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Massachusetts Clean Energy Industry Grows by Double-Digits for Fourth Consecutive Year

Clean Industry ReportEach year, MassCEC commissions an independent industry report that gives us the chance to examine the strides the clean energy sector has made over the past 12 months, and measures how investments in clean energy economic development are paying off for the Commonwealth.

The 2015 Massachusetts Clean Energy Industry Report finds strong and steady industry growth trends for the fifth consecutive year.

This past year, Massachusetts experienced the largest single-year of growth in the industry – at 11.9 percent – since MassCEC began tracking jobs data in 2010.

There are now 98,895 clean energy workers and 6,439 clean energy companies in Massachusetts – with clean energy employing residents of every county and jobs growing across every region of the Commonwealth. 

MASSACHUSETTS BY THE NUMBERS

MA by numbers

The clean energy sector has added more than 40,000 jobs since 2010 – a growth rate of 64 percent over that time – and now represents 3.3 percent of the overall Massachusetts workforce. And these are well-paying jobs, with nearly three-quarters of full-time clean energy workers earning more than $50,000 per year – above the overall median wage of $44,678 for all jobs in Massachusetts.

“With steady job growth over the past five years, the Massachusetts clean energy industry is robust,” said MassCEC Interim CEO Stephen Pike. “The clean energy sector is fueling small businesses and paying workers high wages across the state from Beverly to Pittsfield.”

MASSACHUSETTS BY REGION

2015 MassCEC Employment

The report also found Massachusetts to be the national leader in early-stage clean energy investment. Massachusetts companies attracted more than twice the amount of early-stage investment per capita than second-place California. Overall, public and private investment in the industry exceeded $549 million.

masscecRead the press release, or view the complete 2015 Massachusetts Clean Energy Industry Report.

Other articles include the Boston Globe, and the Boston Business Journal

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