(a) On or before October 1 each year, the Institute shall report to the Governor, the Administration, and, in accordance with § 2-1257 of the State Government Article, the General Assembly.
(b) The report shall include:
(1) a complete operating and financial statement covering the Institute’s operations;
(2) a summary of the Institute’s activities during the preceding fiscal year; and
(3) a summary of:
(i) the annual increase in the number of clean energy innovation businesses in the State;
(ii) federal funding awarded for clean energy innovation and commercialization in the State; and
(iii) private sector investment in clean energy innovation and commercialization in the State.