Photovoltaic Converter-Basics and Benefits

Economics are crucial to the success of any energy utilization system, and photovoltaic converters are no exception. At present, development of such converters is in the stage in which prices are still coming down rapidly. It is nevertheless, difficult to compare photovoltaic with other systems solely on the basis of investment cost. While photovoltaic have low operating cost, since they consume no fuel, their peak power can be only realized on a clear day, with the converter facing the sun. The average power will be less than half the peak power for sun tracking systems and less than one fourth of the peak power for nontracking systems.