Smart module Smart module Smart modules are a type of solar panel that has a power optimizer embedded into the solar module at the time of manufacturing. Typically the power optimizer is embedded in the junction box of the solar module. Power optimizers attached to the frame of a solar module, or connected to the photovoltaic circuit through a connector, are not properly considered smart modules. Smart modules are different from traditional solar panels because the power electronics embedded in the module offers enhanced functionality such as panel-level maximum power point tracking, monitoring, and enhanced safety. Solar panel installers saw significant growth
Photovoltaic power station cost of energy from solar parks, historically more expensive, matches the cost of traditional electricity generation. This point is commonly referred to as grid parity. For merchant solar power stations, where the electricity is being sold into the electricity transmission network, the levelised cost of solar energy will need to match the wholesale electricity price. This point is sometimes called 'wholesale grid parity' or 'busbar parity'. Some photovoltaic systems, such as rooftop installations, can supply power directly to an electricity user. In these cases, the installation can be competitive when the output cost matches the price at which the user