Grid parityGrid parity (or socket parity) occurs when an alternative energy source can generate power at a levelized cost of electricity (LCOE) that is less than or equal to the price of power from the electricity grid. The term is most commonly used when discussing renewable energy sources, notably solar power and wind power. Grid parity depends upon whether you are calculating from the point of view of a utility or of a retail consumer.
Cadmium telluride photovoltaicsCadmium telluride (CdTe) photovoltaics is a photovoltaic (PV) technology based on the use of cadmium telluride in a thin semiconductor layer designed to absorb and convert sunlight into electricity. Cadmium telluride PV is the only thin film technology with lower costs than conventional solar cells made of crystalline silicon in multi-kilowatt systems. On a lifecycle basis, CdTe PV has the smallest carbon footprint, lowest water use and shortest energy payback time of any current photovoltaic technology.
Dye-sensitized solar cellA dye-sensitized solar cell (DSSC, DSC, DYSC or Grätzel cell) is a low-cost solar cell belonging to the group of thin film solar cells. It is based on a semiconductor formed between a photo-sensitized anode and an electrolyte, a photoelectrochemical system. The modern version of a dye solar cell, also known as the Grätzel cell, was originally co-invented in 1988 by Brian O'Regan and Michael Grätzel at UC Berkeley and this work was later developed by the aforementioned scientists at the École Polytechnique Fédérale de Lausanne (EPFL) until the publication of the first high efficiency DSSC in 1991.
Uninterruptible power supplyAn uninterruptible power supply (UPS) or uninterruptible power source is a type of continual power system that provides automated backup electric power to a load when the input power source or mains power fails. A UPS differs from a traditional auxiliary/emergency power system or standby generator in that it will provide near-instantaneous protection from input power interruptions by switching to energy stored in battery packs, supercapacitors or flywheels.
VRLA batteryA valve regulated lead–acid (VRLA) battery, commonly known as a sealed lead–acid (SLA) battery, is a type of lead–acid battery characterized by a limited amount of electrolyte ("starved" electrolyte) absorbed in a plate separator or formed into a gel; proportioning of the negative and positive plates so that oxygen recombination is facilitated within the cell; and the presence of a relief valve that retains the battery contents independent of the position of the cells.
Nominal power (photovoltaic)Nominal power is the nameplate capacity of photovoltaic (PV) devices, such as solar cells, modules and systems. It is determined by measuring the electric current and voltage in a circuit, while varying the resistance under precisely defined conditions. The nominal power is important for designing an installation in order to correctly dimension its cabling and converters. The peak power is not the same as the power under actual radiation conditions. In practice, this will be approximately 15-20% lower due to the considerable heating of the solar cells.
Rooftop solar powerA rooftop solar power system, or rooftop PV system, is a photovoltaic (PV) system that has its electricity-generating solar panels mounted on the rooftop of a residential or commercial building or structure. The various components of such a system include photovoltaic modules, mounting systems, cables, solar inverters and other electrical accessories. Rooftop mounted systems are small compared to utility-scale solar ground-mounted photovoltaic power stations with capacities in the megawatt range, hence being a form of distributed generation.
Grid-connected photovoltaic power systemA grid-connected photovoltaic system, or grid-connected PV system is an electricity generating solar PV power system that is connected to the utility grid. A grid-connected PV system consists of solar panels, one or several inverters, a power conditioning unit and grid connection equipment. They range from small residential and commercial rooftop systems to large utility-scale solar power stations. When conditions are right, the grid-connected PV system supplies the excess power, beyond consumption by the connected load, to the utility grid.
Building-integrated photovoltaicsBuilding-integrated photovoltaics (BIPV) are photovoltaic materials that are used to replace conventional building materials in parts of the building envelope such as the roof, skylights, or facades. They are increasingly being incorporated into the construction of new buildings as a principal or ancillary source of electrical power, although existing buildings may be retrofitted with similar technology.
Solar thermal collectorA solar thermal collector collects heat by absorbing sunlight. The term "solar collector" commonly refers to a device for solar hot water heating, but may refer to large power generating installations such as solar parabolic troughs and solar towers or non water heating devices such as solar cooker, solar air heaters. Solar thermal collectors are either non-concentrating or concentrating. In non-concentrating collectors, the aperture area (i.e., the area that receives the solar radiation) is roughly the same as the absorber area (i.
