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The sun is an excellent source of renewable clean energy and a solar photovoltaic (PV) system is a technology designed to convert sunrays into electricity through the use of solar panels. The Australian government's Renewable Energy Target (RET) scheme is designed to make the installation of PV systems an attractive investment for homeowners as well as small businesses.
The RET scheme has been divided into two distinct parts:
Small-scale Renewable Energy Scheme (SRES)
This includes installations of small-scale renewable energy systems, such as rooftop solar panels (under 100 kW) and solar water heaters that are sufficient to supply the needs of homeowners and small business owners.
Large-scale Renewable Energy Target (LRET)
This covers commercial renewable energy projects, such as wind farms and geothermal power stations. For home and small business owners, a photovoltaic system is assembled from three key components.
Solar panels are the essential piece of technology in a solar power system. Solar panels convert sunray energy into DC electricity using solar modules technology developed in the 19th century. The amount of electricity a system can produced is based on several factors.
The key ones are:
Location of the solar panel system (Weather has an influence on sun hours, etc)
Size of the system (Number of solar panels installed)
The efficiency of the solar panel technology (Quality of the components)
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