What is Photovoltaic Energy (PV)

Photovoltaic system (or PV) is the field of technology and research related to the application of solar cells for energy by converting solar energy (sunlight, including ultra violet radiation) directly into electricity. Due to the growing demand for clean sources of energy, the manufacture of solar cells and photovoltaic arrays has expanded dramatically in recent years.[1 Photovoltaic production has been doubling every 2 years, increasing by an average of 48 percent each year since 2002, making it the world’s fastest-growing energy technology.At the end of 2008, the cumulative global PV installations reached 15,200 megawatts, a 94% annual increase.. Roughly 90% of this generating capacity consists of grid-tied electrical systems. Such installations may be ground-mounted (and sometimes integrated with farming and grazing)  or built into the roof or walls of a building, known as Building Integrated Photovoltaics or BIPV for short. Net metering and financial incentives, such as preferential feed-in tariffs for solar-generated electricity, have supported solar PV installations in many countries including Australia, China, Germany, Israel, Japan, and the United States.