Utilities & Renewables

Renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide have paid greater attention to this emerging industry in recent years. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The power and solar photovoltaics (PV) industries provide good examples of this.

A renewable portfolio standard (RPS) is a regulatory method mandating utility companies operating within a certain jurisdiction to increase production of energy from renewable sources, such as wind, solar, biomass, and other alternatives to fossil and nuclear electric generation.