Photovoltaic thermal hybrid solar collector Photovoltaic thermal hybrid solar collector Photovoltaic thermal hybrid solar collectors, also known as hybrid PV/T (PVT) or solar cogeneration systems, are power generation technologies that convert solar radiation into usable thermal and electrical energy. Such systems combine a solar cell, which converts sunlight into electricity, with a solar thermal collector, which captures the remaining energy and removes waste heat from the PV module. These technologies can be more energy efficient overall than solar photovoltaic (PV) or solar thermal alone. Significant research has gone into developing a diverse range of PV/T technologies since the 1970s.. While many collector types have been
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