Photovoltaic system the outer edge. Electrically connected and mounted on a supporting structure, solar modules build a string of modules, often called solar panel. A solar array consists of one or many such panels. A photovoltaic array, or solar array, is a linked collection of solar modules. The power that one module can produce is seldom enough to meet requirements of a home or a business, so the modules are linked together to form an array. Most PV arrays use an inverter to convert the DC power produced by the modules into alternating current that can power lights, motors, and other loads.
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