Massachusetts' clean energy economy grew by 11.2% from July 2011 to July 2012 and now employs 71,523 people at 4,995 clean energy firms across the commonwealth, finds a new report released by the Massachusetts Clean Energy Center (MassCEC).
According to the report, which was prepared by BW Research Partnership on behalf of MassCEC, this growth outpaced that of the overall economy nearly 10 times over, and the trend is expected to continue. The survey found that employers are optimistic about the coming year and expect to hire more workers in 2013. Clean energy continues to maintain its place as one of the commonwealth's major industries, representing 1.7% of the total Massachusetts workforce, the report adds.
The survey found a large number of firms in varied industries – ranging from construction and manufacturing to research and development – reporting activity and employment in the clean energy sector. Additionally, the report identified a large number of companies that do not necessarily identify themselves as clean energy companies first, but directly engage in activities related to the clean energy cluster.
For the purposes of the report, a clean energy firm is defined as an employer engaged in whole or in part in providing goods and services related to renewable energy, energy efficiency, alternative transportation and carbon management. Clean energy workers are defined as spending at least a portion of their time supporting the clean energy aspects of their businesses.