1. Solar PV Market Germany versus USA 3 rd Solar Convention Las Vegas October 7 th 2010 Volkmar Kunerth, MBA President, Solar Partners International Solar Partners International Solar Partners International
Renewable Portfolio Standard (RPS) – Is a state regulatory policy which mandates the use of renewable energy (wind, solar, biomass, geothermal etc.) to meet a certain amount of electricity demand. Renewable Energy Certificate (REC) – are tradable commodities which represent 1 megawatt-hour (MWh) of electricity generated from a renewable source. Utilities use these to meet RPS requirements