Rated power of a wind turbine may not be quite as meaningless as cut-in wind speed, though its use is limited. It could have some utility to quickly compare, or get a feel for, the size of the wind turbine, but only if those rated power numbers were taken at the same rated wind speed, and if the manufacturer is giving you a realistic number (many inflate rated power). A much better measure of turbine size is, simply, their diameter. As shown above it is by far the best predictor for power output.
Renewable energy resources and significant opportunities for energy efficiency exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency, and technological diversification of energy sources, would result in significant energy security and economic benefits.[8] It would also reduce environmental pollution such as air pollution caused by burning of fossil fuels and improve public health, reduce premature mortalities due to pollution and save associated health costs that amount to several hundred billion dollars annually only in the United States.[21] Renewable energy sources, that derive their energy from the sun, either directly or indirectly, such as hydro and wind, are expected to be capable of supplying humanity energy for almost another 1 billion years, at which point the predicted increase in heat from the sun is expected to make the surface of the earth too hot for liquid water to exist.[22][23]
By Ellen Coleman—As an American of non-specific cultural identity, I look with envy at families with strong cultural tradition. I wonder who "my people” are. What family traditions will my children (now grown) want to pass on to their own children?  Their exposure has been such a mixed bag of “ritual”—making tamales for Thanksgiving, potstickers for family reunions, fried eggplant for Fourth of July.  What will be their choice of comfort music?  What kinds of homes will they make, what spiritual paths will they take?
Specifications: Colors: Red Rated power: 600W Nominal voltage: 12V Start-up wind speed: 2m/s Rated wind speed: 13m/s Survival wind speed: 45m/s Package weight: 13kg Wind wheel diameter: 0.9M Number of blades: 5 Blades material: Nylon fiber Nylon fiber: Three phase ac permanent magnet generator/Maglev generatorsThree phase ac permanent magnet generator/Maglev generators Controller system: Electromagnetic Speed regulation: The wind Angle automatically Working temperature: -40℃~80℃ Features: 1. Low start-up speed, high wind power utilization, light, cute, low vibration. 2.Simple to install and maintain. 3.For home use, For monitoring use, For boat / marine use, For wind solar hybrid streetlight use. Package: 1 x Wind Turbine Generators(with controller) 1 x Stainless steel.

The theory of peak oil was published in 1956.[39] In the 1970s environmentalists promoted the development of renewable energy both as a replacement for the eventual depletion of oil, as well as for an escape from dependence on oil, and the first electricity generating wind turbines appeared. Solar had long been used for heating and cooling, but solar panels were too costly to build solar farms until 1980.[40]

Champion Energy is able to provide green power through the purchase of an environmental trading commodity known as a renewable energy credit (REC). RECs are created when a qualified renewable energy generation facility (like a wind farm or solar array) produces electricity. They represent the added value in terms of renewable energy’s environmental benefits and costs when compared to conventional means of producing power. We buy RECs from wind farms contributing electricity to your local grid, then ‘retire’ those RECs in direct proportion to the amount of energy you consume. In this way, you can be confident that every kWh you use is helping to promote and support the continued development of green energy infrastructure in your area.
There are different types of inverters for solar use (string, central, micro). If you’re hoping to install the solar PV system yourself, selecting the best inverter will require serious research and careful planning. If you work through a professional solar installer, on the other hand, the company should help take care of inverter selection for you.

Green Energy Corp’s™ Microgrid as a Service (MaaS) package is a cloud based, subscription service enabling third party developers to utilize GreenBus® and Green Energy Corp expertise in financing, building and deploying microgrids. Included in the MaaS package is the microgrid toolset comprised of software, design and engineering packages, equipment recommendations, construction methods, operations and maintenance support, and financial instruments all delivered from a hosted environment.
In the United States, one of the main problems with purchasing green energy through the electrical grid is the current centralized infrastructure that supplies the consumer’s electricity. This infrastructure has led to increasingly frequent brown outs and black outs, high CO2 emissions, higher energy costs, and power quality issues.[89] An additional $450 billion will be invested to expand this fledgling system over the next 20 years to meet increasing demand.[90] In addition, this centralized system is now being further overtaxed with the incorporation of renewable energies such as wind, solar, and geothermal energies. Renewable resources, due to the amount of space they require, are often located in remote areas where there is a lower energy demand. The current infrastructure would make transporting this energy to high demand areas, such as urban centers, highly inefficient and in some cases impossible. In addition, despite the amount of renewable energy produced or the economic viability of such technologies only about 20 percent will be able to be incorporated into the grid. To have a more sustainable energy profile, the United States must move towards implementing changes to the electrical grid that will accommodate a mixed-fuel economy.[91]
Solar heating systems are a well known second-generation technology and generally consist of solar thermal collectors, a fluid system to move the heat from the collector to its point of usage, and a reservoir or tank for heat storage and subsequent use. The systems may be used to heat domestic hot water, swimming pool water, or for space heating.[21] The heat can also be used for industrial applications or as an energy input for other uses such as cooling equipment.[22] In many climates, a solar heating system can provide a very high percentage (20 to 80%) of domestic hot water energy. Energy received from the sun by the earth is that of electromagnetic radiation. Light ranges of visible, infrared, ultraviolet, x-rays, and radio waves received by the earth through solar energy. The highest power of radiation comes from visible light. Solar power is complicated due to changes in seasons and from day to night. Cloud cover can also add to complications of solar energy, and not all radiation from the sun reaches earth because it is absorbed and dispersed due to clouds and gases within the earth's atmospheres.[23]
The locations with highest annual solar irradiance lie in the arid tropics and subtropics. Deserts lying in low latitudes usually have few clouds, and can receive sunshine for more than ten hours a day.[86][87] These hot deserts form the Global Sun Belt circling the world. This belt consists of extensive swathes of land in Northern Africa, Southern Africa, Southwest Asia, Middle East, and Australia, as well as the much smaller deserts of North and South America.[88] Africa's eastern Sahara Desert, also known as the Libyan Desert, has been observed to be the sunniest place on Earth according to NASA.[89][90]
Green energy, however, utilizes energy sources that are readily available all over the world, including in rural and remote areas that don't otherwise have access to electricity. Advances in renewable energy technologies have lowered the cost of solar panels, wind turbines and other sources of green energy, placing the ability to produce electricity in the hands of the people rather than those of oil, gas, coal and utility companies.
A Darrieus type vertical axis wind turbine (the egg-beater type) can in theory work almost as good as a horizontal axis turbine. Actual measurement of one of the better designs out there, the UGE VisionAir5, does not bear that out though: It measures in at a pitiful 11% efficiency at 11 m/s wind speed, while a Bergey Excel-6 HAWT clocks in at 22% efficiency for that same wind speed, twice as much. You can read about it in Paul Gipe’s article.  Besides efficiency issues, a Darrieus VAWT unfortunately has a number of inherent issues that put them at a disadvantage: Since they are usually tall and relatively narrow structures the bending forces on their main bearing (at the bottom) are very large. There are similar issues with the forces on the blades. This means that to make a reliable vertical axis turbine takes more material, and more expensive materials, in comparison to a horizontal type turbine. For comparison, that same UGE VisionAir5 weighs 756 kg vs. the Bergey Excel-6 at 350 kg. Keep in mind that the UGE turbine only sweeps about half the area of the Bergey, the latter is a much larger turbine! This makes VAWTs inherently more expensive, or less reliable, or both.
12 Month Financing: For a limited time, purchase $599 or more using the Amazon.com Store Card and pay no interest for 12 months on your entire order if paid in full in 12 months. Interest will be charged to your account from the purchase date if the promotional balance is not paid in full within 12 months. Minimum monthly payments required. Subject to credit approval. Apply now.
Buying a wind turbine generator such as the Windmax HY1000 to produce wind energy is not easy and there are a lot of factors to take into account. Price is only one of them. Be sure to choose an electrical machine that meets your needs. If you are installing a grid-connected system, choose an AC mains voltage generator. If you are installing a battery-based system, look for a battery-charging DC generator. Also consider the mechanical design of a generator such as size and weight, operating speed and protection from the environment as it will spend all of its life mounted at the top of a pole or tower.
Index of solar energy articles List of concentrating solar thermal power companies List of photovoltaics companies List of photovoltaic power stations List of pioneering solar buildings List of rooftop photovoltaic installations List of solar car teams List of solar powered products List of solar thermal power stations People associated with solar power
When energy is purchased from the electricity network, the power reaching the consumer will not necessarily be generated from green energy sources. The local utility company, electric company, or state power pool buys their electricity from electricity producers who may be generating from fossil fuel, nuclear or renewable energy sources. In many countries green energy currently provides a very small amount of electricity, generally contributing less than 2 to 5% to the overall pool. In some U.S. states, local governments have formed regional power purchasing pools using Community Choice Aggregation and Solar Bonds to achieve a 51% renewable mix or higher, such as in the City of San Francisco.[76]
The life-cycle greenhouse-gas emissions of solar power are in the range of 22 to 46 gram (g) per kilowatt-hour (kWh) depending on if solar thermal or solar PV is being analyzed, respectively. With this potentially being decreased to 15 g/kWh in the future.[121] For comparison (of weighted averages), a combined cycle gas-fired power plant emits some 400–599 g/kWh,[122] an oil-fired power plant 893 g/kWh,[122] a coal-fired power plant 915–994 g/kWh[123] or with carbon capture and storage some 200 g/kWh, and a geothermal high-temp. power plant 91–122 g/kWh.[122] The life cycle emission intensity of hydro, wind and nuclear power are lower than solar's as of 2011 as published by the IPCC, and discussed in the article Life-cycle greenhouse-gas emissions of energy sources. Similar to all energy sources were their total life cycle emissions primarily lay in the construction and transportation phase, the switch to low carbon power in the manufacturing and transportation of solar devices would further reduce carbon emissions. BP Solar owns two factories built by Solarex (one in Maryland, the other in Virginia) in which all of the energy used to manufacture solar panels is produced by solar panels. A 1-kilowatt system eliminates the burning of approximately 170 pounds of coal, 300 pounds of carbon dioxide from being released into the atmosphere, and saves up to 105 gallons of water consumption monthly.[124]

These high strength magnets are usually made from rare earth materials such as neodymium iron (NdFe), or samarium cobalt (SmCo) eliminating the need for the field windings to provide a constant magnetic field, leading to a simpler, more rugged construction. Wound field windings have the advantage of matching their magnetism (and therefore power) with the varying wind speed but require an external energy source to generate the required magnetic field.
Wind power is widely used in Europe, China, and the United States. From 2004 to 2014, worldwide installed capacity of wind power has been growing from 47 GW to 369 GW—a more than sevenfold increase within 10 years with 2014 breaking a new record in global installations (51 GW). As of the end of 2014, China, the United States and Germany combined accounted for half of total global capacity.[83] Several other countries have achieved relatively high levels of wind power penetration, such as 21% of stationary electricity production in Denmark, 18% in Portugal, 16% in Spain, and 14% in Ireland in 2010 and have since continued to expand their installed capacity.[105][106] More than 80 countries around the world are using wind power on a commercial basis.[76]

Adam Schultz, a senior policy analyst for the Oregon Department of Energy, says he’s more encouraged than ever about the prospects for renewables. Because the Pacific Northwest features large-scale hydropower plants built as part of the New Deal, energy already tends to be less expensive there than the U.S. average. But solar and wind power have “gotten cheaper over the last couple years to the point that I can’t even tell you what the costs are because costs have been dropping so rapidly,” Schultz says. “We have enough sunshine,” he says (presumably referring to the eastern part of the state), “so it’s just a matter of time.”
Wave power, which captures the energy of ocean surface waves, and tidal power, converting the energy of tides, are two forms of hydropower with future potential; however, they are not yet widely employed commercially. A demonstration project operated by the Ocean Renewable Power Company on the coast of Maine, and connected to the grid, harnesses tidal power from the Bay of Fundy, location of world's highest tidal flow. Ocean thermal energy conversion, which uses the temperature difference between cooler deep and warmer surface waters, has currently no economic feasibility.
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Sustainable energy is energy that is consumed at insignificant rates compared to its supply and with manageable collateral effects, especially environmental effects. Another common definition of sustainable energy is an energy system that serves the needs of the present without compromising the ability of future generations to meet their energy needs.[1] Not all renewable energy is sustainable. While renewable energy is defined as energy sources that are naturally replenished on a human timescale, sustainable (often referred to as 'clean') energy must not compromise the system in which it is adopted to the point of being unable to provide for future need. The organizing principle for sustainability is sustainable development, which includes the four interconnected domains: ecology, economics, politics and culture.[2] Sustainability science is the study of sustainable development and environmental science.[3]

Join GTM at the upcoming Power & Renewables Summit! We'll cover how decarbonization, sector electrification and shifting regulatory developments will transform power markets over the next 10-to-20 years. We have already confirmed senior executives with FERC, Exelon, ERCOT, PJM, APS, Microsoft, Dell, CPS Energy, NRG, CohnReznick, Los Angeles Department of Water & Power and many more. Learn more here.

Jump up ^ Noth, André (July 2008). "History of Solar Flight" (PDF). Autonomous Systems Lab. Zürich: Swiss Federal Institute of Technology. p. 3. Archived from the original (PDF) on 1 February 2012. Retrieved 8 July 2010. Günter Rochelt was the designer and builder of Solair I, a 16 m wingspan solar airplane ... 21st of August 1983 he flew in Solair I, mostly on solar energy and also thermals, during 5 hours 41 minutes.

Coal is our dirtiest source of energy. It releases more harmful pollutants into the atmosphere than any other energy source and produces a quarter of the nation’s global warming emissions. If we are going to effectively reduce air pollution and address global warming, we need to shut down the oldest, dirtiest coal plants—and not build new ones to replace them.

Enhanced geothermal systems (EGS) are a new type of geothermal power technologies that do not require natural convective hydrothermal resources. The vast majority of geothermal energy within drilling reach is in dry and non-porous rock.[161] EGS technologies "enhance" and/or create geothermal resources in this "hot dry rock (HDR)" through hydraulic stimulation. EGS and HDR technologies, such as hydrothermal geothermal, are expected to be baseload resources which produce power 24 hours a day like a fossil plant. Distinct from hydrothermal, HDR and EGS may be feasible anywhere in the world, depending on the economic limits of drill depth. Good locations are over deep granite covered by a thick (3–5 km) layer of insulating sediments which slow heat loss.[162] There are HDR and EGS systems currently being developed and tested in France, Australia, Japan, Germany, the U.S. and Switzerland. The largest EGS project in the world is a 25 megawatt demonstration plant currently being developed in the Cooper Basin, Australia. The Cooper Basin has the potential to generate 5,000–10,000 MW.
Cleaner air and water: Burning fossil fuels releases greenhouse gases (GHG) into the atmosphere. GHG contribute to global climate change, rising sea levels and unpredictable weather patterns that can be costly in terms of human and economic losses. Burning fossil fuels also releases contaminants in to the air and water near the power generation source. Alternative energy sources can produce the same electricity in a greener way. You can shrink your carbon footprint, help curb climate change and reduce air and water pollution when you choose renewable electricity.
I contacted many different solar installation companies looking for someone who operates in my area (150 miles west of San Antonio) and Soleil Energy Solutions was the only one willing to make the trip out here. Fortunately for me, they’re also a great company to work with.I was able to deal directly with the owners of the company, Abbas and Jennifer, and their customer service is top notch. They had a customized assessment the day after I contacted them which included the size of system best suited for my home and energy consumption, the cost of the system with all the rebates and tax rebates I qualified for, and the amount of money I’d save on my light bill. They also offered me multiple financing options and guided me through that whole process. I had a ton of questions throughout the entire process and whether I emailed them or texted them after business hours, I got a response right away.They took care of everything for me including securing the rebates and city permits so I didn’t really have to do anything. The crew they had doing the actual solar panel and backup battery installation are all veterans, which I really appreciated because of their attention to detail. They were very courteous and they made sure the panels added to the curb appeal of my house as far as their placement.I’m really excited to finally have a solar panel system for my home and I’d definitely recommend Soleil to anyone who’s interested in switching to solar too.... read more
With our 7 to 11 blade models, you'll get power generation in low wind areas. Regions and locations with high wind speeds are perfect for 3 to 5 blade configurations. No matter your location, we have the ideal wind turbine and blade set combination for you! Feel free to contact one of our many sales associates or technicians to get you started, to improve an existing setup, or to further your project.
Julia Pyper is a Senior Editor at Greentech Media covering clean energy policy, the solar industry, grid edge technologies and electric mobility. She previously reported for E&E Publishing, and has covered clean energy and climate change issues across the U.S. and abroad, including in Haiti, Israel and the Maldives. Julia holds degrees from McGill and Columbia Universities. Find her on Twitter @JMPyper.

The most common type of residential solar is called solar PV. The PV stands for “photovoltaic,” and a solar PV system is a electrical system that consists of solar panels, an inverter, a meter, and a few other components (mounting, cabling, etc.). A solar PV system requires little to no maintenance for years, and if you’re in a place with the right amount of sunlight, you can end up saving money, while also going green.
There is no energy in the wind at those wind speeds, nothing to harvest for the turbine. While it may make you feel good to see your expensive yard toy spin, it is not doing anything meaningful in a breeze like that: To give you some idea, a wind turbine with a diameter of 6 meters (pretty large as small wind turbines go) can realistically produce just 120 Watt at 3.5 m/s wind speed. That same turbine would be rated at 6 kW (or more, see the next section), so energy production at cut-in really is just a drop in the bucket. What is more, due to the way grid-tie inverters work, you are about as likely to be loosing energy around cut-in wind speed to keep the inverter powered, as you are in making any energy, resulting in a net-loss of electricity production.
Smart grid refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation.[65] These systems are made possible by two-way communication technology and computer processing that has been used for decades in other industries. They are beginning to be used on electricity networks, from the power plants and wind farms all the way to the consumers of electricity in homes and businesses. They offer many benefits to utilities and consumers—mostly seen in big improvements in energy efficiency on the electricity grid and in the energy users’ homes and offices.[65]
Low Temperature Geothermal[29] refers to the use of the outer crust of the earth as a Thermal Battery to facilitate Renewable thermal energy for heating and cooling buildings, and other refrigeration and industrial uses. In this form of Geothermal, a Geothermal Heat Pump and Ground-coupled heat exchanger are used together to move heat energy into the earth (for cooling) and out of the earth (for heating) on a varying seasonal basis. Low temperature Geothermal (generally referred to as "GHP") is an increasingly important renewable technology because it both reduces total annual energy loads associated with heating and cooling, and it also flattens the electric demand curve eliminating the extreme summer and winter peak electric supply requirements. Thus Low Temperature Geothermal/GHP is becoming an increasing national priority with multiple tax credit support[60] and focus as part of the ongoing movement toward Net Zero Energy.[61][30] New York City has even just passed a law[62] to require GHP anytime is shown to be economical with 20 year financing including the Socialized Cost of Carbon.[63][64]

How accurate are these numbers? This is the energy production a good horizontal-axis wind turbine can reach, if installed at the perfect site and height. These are the upper limit though, if your turbine produces anywhere near the number predicted by this table you should be doing your happy-dance! Most small wind turbine installations underperform significantly, in fact, the average seems to be about half of the predicted energy production (and many do not even reach that). There can be many reasons for the performance shortfall; poor site selection,  with more turbulent air than expected often has much to do with it. The reports in the ‘real world’ section following below illustrate this point. Many small wind turbines do not reach 30% overall efficiency, some are close to 0% (this is no joke!), so these numbers have only one direction to go. For off-grid battery charging wind turbines you should deduct 20 – 30% of the predicted numbers, due to the lower efficiency of a turbine tied to batteries, and the losses involved in charging batteries.

When a turbine is mounted on a rooftop the building generally redirects wind over the roof and this can double the wind speed at the turbine. If the height of a rooftop mounted turbine tower is approximately 50% of the building height it is near the optimum for maximum wind energy and minimum wind turbulence. While wind speeds within the built environment are generally much lower than at exposed rural sites,[29][30] noise may be a concern and an existing structure may not adequately resist the additional stress.
Concentrator photovoltaics (CPV) systems employ sunlight concentrated onto photovoltaic surfaces for the purpose of electrical power production. Contrary to conventional photovoltaic systems, it uses lenses and curved mirrors to focus sunlight onto small, but highly efficient, multi-junction solar cells. Solar concentrators of all varieties may be used, and these are often mounted on a solar tracker in order to keep the focal point upon the cell as the sun moves across the sky.[147] Luminescent solar concentrators (when combined with a PV-solar cell) can also be regarded as a CPV system. Concentrated photovoltaics are useful as they can improve efficiency of PV-solar panels drastically.[148]
Wind turbines do work; put them in nice, smooth air and their energy production is quite predictable (we will get to predicting it a bit further on in this story). The honest manufacturers do not lie or exaggerate, their turbines really can work as advertised in smooth, laminar airflow. However, put that same turbine on a 40 feet tower and even if the annual average wind speed is still 5 m/s at that height, its energy production will fall far short of what you would predict for that value. How short is anybody’s guess, that is part of the point; it is impossible to predict the effect of turbulence other than that it robs the energy production potential of any wind turbine. Roof tops, or other locations on a house, make for poor turbine sites. They are usually very turbulent and on top of that their average wind speeds are usually very low.

Energy storage is a collection of methods used to store electrical energy on an electrical power grid, or off it. Electrical energy is stored during times when production (especially from intermittent power plants such as renewable electricity sources such as wind power, tidal power, solar power) exceeds consumption, and returned to the grid when production falls below consumption. Pumped-storage hydroelectricity is used for more than 90% of all grid power storage. Costs of lithium ion batteries are dropping rapidly, and are increasingly being deployed as fast acting sources of grid power (i.e. operating reserve) and for domestic storage.
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.[3] Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.[4]
Solar panel installation by NABCEP certified Corpus Christi solar installers is important for both safety and long term performance of your solar power installation.  Whether your solar panels are for your home or commercial installation, and will be connected to the grid through net metering, or completely off the grid, employing local Corpus Christi solar panel installation experts will ensure your satisfaction and provide for quick follow-up and maintenance.  Fill out our Corpus Christi solar panel installation form and we will have an approved, licensed solar panel installer from Corpus Christi contact you within hours. 
All electrical turbine generators work because of the effects of moving a magnetic field past an electrical coil. When electrons flow through an electrical coil, a magnetic field is created around it. Likewise, when a magnetic field moves past a coil of wire, a voltage is induced in the coil as defined by Faraday’s law of magnetic induction causing electrons to flow.
Wind turbines are generally inexpensive. They will produce electricity at between two and six cents per kilowatt hour, which is one of the lowest-priced renewable energy sources.[72] And as technology needed for wind turbines continues to improve, the prices will decrease as well. In addition, there is no competitive market for wind energy, as it does not cost money to get ahold of wind.[72] The main cost of wind turbines are the installation process. The average cost is between $48,000 and $65,000 to install. However, the energy harvested from the turbine will offset the installation cost, as well as provide virtually free energy for years after.[73]
The blades for the wind generator are repurposed from a vehicle fan clutch. To attach the blades to the alternator, you can weld the fan clutch hub directly to the alternator hub — just make certain the fan is perfectly in line with the alternator shaft. Also, make sure the alternator’s built-in wire plug-ins are located on what will be the bottom of the generator. If you don’t have access to a welder, you can connect the fan clutch to the alternator using the following materials:
Wind-to-rotor efficiency (including rotor blade friction and drag) are among the factors impacting the final price of wind power.[16] Further inefficiencies, such as gearbox losses, generator and converter losses, reduce the power delivered by a wind turbine. To protect components from undue wear, extracted power is held constant above the rated operating speed as theoretical power increases at the cube of wind speed, further reducing theoretical efficiency. In 2001, commercial utility-connected turbines deliver 75% to 80% of the Betz limit of power extractable from the wind, at rated operating speed.[17][18][needs update]
The energy payback time (EPBT) of a power generating system is the time required to generate as much energy as is consumed during production and lifetime operation of the system. Due to improving production technologies the payback time has been decreasing constantly since the introduction of PV systems in the energy market.[128] In 2000 the energy payback time of PV systems was estimated as 8 to 11 years[129] and in 2006 this was estimated to be 1.5 to 3.5 years for crystalline silicon PV systems[121] and 1–1.5 years for thin film technologies (S. Europe).[121] These figures fell to 0.75–3.5 years in 2013, with an average of about 2 years for crystalline silicon PV and CIS systems.[130]
The political purpose of incentive policies for PV is to facilitate an initial small-scale deployment to begin to grow the industry, even where the cost of PV is significantly above grid parity, to allow the industry to achieve the economies of scale necessary to reach grid parity. The policies are implemented to promote national energy independence, high tech job creation and reduction of CO2 emissions. Three incentive mechanisms are often used in combination as investment subsidies: the authorities refund part of the cost of installation of the system, the electricity utility buys PV electricity from the producer under a multiyear contract at a guaranteed rate, and Solar Renewable Energy Certificates (SRECs)