The Maryland Clean Energy Center (MCEC) is an entity established by the General Assembly in 2008 with a specific mission to promote clean energy and energy efficiency within Maryland. As part of its economic development strategy, MCEC focuses on advancing products, services, and technologies in the energy and renewable energy sectors. In January 2024, MCEC secured a significant $15.00M grant investment from the U.S. Department of Transportation.
This demonstrates strong government support and recognition of MCEC's pivotal role in advancing sustainable energy initiatives. MCEC's ability to attract investments from noteworthy organizations showcases its credibility and potential for impact in the clean energy space. With a clear statutory mandate and a successful track record of securing substantial funding, MCEC is well-positioned to further its mission and contribute to the growth of the clean energy industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $15.00M | 1 | U.S. Department of Transportation | 11 Jan 2024 |
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