Renewables

Renewables

With a flourishing renewables sector, Maine has set a goal to use 100% of Maine’s electricity from renewable power sources by 2040.

The transition to clean energy resources strengthens Maine’s economy by creating local job opportunities and reducing dependence on out-of-state fossil fuels. Cleaner forms of energy production and increased efficiency programs help Maine businesses stabilize and lower their energy bills. International and national supply chains offer an abundance of opportunities for renewable energy solutions being developed by businesses and world-class research institutions in Maine.

Maine people spend more than $3 billion to import fossil fuels annually

Gulf of Maine is a world-class offshore wind resource rated at 156 GW

Over 900 MW of solar currently installed in Maine

The Maine Governor’s Energy Office (GEO) welcomed a delegation from the United Kingdom to Maine to advance the partnership to foster and promote clean energy technology with an emphasis on floating offshore wind.

Maine and the UK have commited to cooperate on evaluating impacts of offshore wind on fisheries and the marine environment, workforce development, and port infrastructure.

Maine’s Dynamic, Local Supply Chain

With its pioneering offshore wind innovation, proximity to the abundant wind resource of the Gulf of Maine, and a capable supply chain driven by local expertise, Maine is poised to take a leadership role in a fast-growing, global offshore wind industry.

Key supply chain strengths include: environmental permitting and surveying, engineering and design, project management, onshore infrastructure construction, floating offshore wind components, secondary steelwork, moorings and anchors, cable protection systems and buoyancy, synthetic lines, vessel service, and other professional services.

Generating Clean Energy from River Currents - ORPC

Access to Clean Energy - Peregrine Turbine Technologies

Awards to three Maine organizations – CEI, Central Maine Growth Council, and The Roux Institute – from the Governor’s Energy Office will help create clean energy business incubator and accelerator programs.

Awardees will create clean energy business incubator and accelerator programs in four key energy sectors, including buildings and energy efficiency, renewable electric power generation, grid modernization and energy storage, and natural resource industries.

As a rural and geographically large state, 49 % of Maine’s carbon emissions come from the transportation sector. Reducing emissions from transportation is a key piece of Maine’s overall effort to curb state emissions by 45% by 2030.

The Clean Transportation Roadmap delivered recommendations to enhance the EV market in Maine, expand charging infrastructure, evaluate effects on electric utilities and the grid, and ensure an equitable and affordable transition to clean transportation for all people in Maine.

Industry Support

Member-based organization comprised of individuals, businesses, and organizations that seek to build Maine’s environmental and energy technology economy

Nonprofit alliance of composite businesses to recognize and promote Maine’s leadership in the international composite industry, providing opportunities for new commercial ventures, product development, education and training, and access to world class industrial testing laboratories

Led by the Governor’s Energy Office, in partnership with industry and community stakeholders, dedicated to responsible growth of this industry through strategic planning, research, and coordination with groups from Maine, the nation, and world

Not-for-profit association of renewable energy producers, suppliers, and other industry supporters representing the renewable power industry at the State Legislature and before the Maine Public Utilities Commission

Offers grants, loans, equity investments, and services to support Maine’s innovation economy

Customized workforce development programs and research collaborations to develop new technologies

World-leading, interdisciplinary center for research, education, and economic development encompassing material sciences, manufacturing, and the engineering of composites and structures

In Good Company

International Investors

We’d love to hear from you to discuss your interest in this sector and Maine’s advantages.

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