Founder and President Emeritus of SunPower, Richard Swanson, has been selected as the recipient for the 2011 Karl Böer Solar Energy Medal of Merit. The honor comes with a cash award of US$50,000, which is funded by the Karl Böer Solar Energy Medal of Merit Trust. The Medal is given every two years to an individual that has made ground-breaking contributions towards the promotion of solar energy through research, development or economic enterprise or to an individual that has proven themselves with valuable and enduring contributions to the solar energy field.