Photovoltaic systems have a number of merits and unique advantages over conventional power-generating technologies. PV systems can be designed for a variety of applications and operational requirements, and can be used for either centralized or distributed power generation. PV systems have no moving parts, are modular, easily expandable and even transportable in some cases. Energy independence and environmental compatibility are two attractive features of PV systems. The fuel (sunlight) is free, and no noise or pollution is created from operating PV systems. In general, PV systems that are weldesigned and properly installed require minimal maintenance and have long service lifetimes.
At present, the high cost of PV modules and equipment (as compared to conventional energy sources) is the primary limiting factor for the technology. Consequently, the economic value of PV systems is realized over many years. In some cases, the surface area requirements for PV arrays may be a limiting factor. Due to the diffuse nature of sunlight and the existing sunlight to electrical energy conversion efficiencies of photovoltaic devices, surface area requirements for PV array installations are on the order of 8 to 12 m^2 (86 to 129 ft^2) per kilowatt of installed peak array capacity. |