Peak load or peak demand refers to the highest level of power consumption experienced by an electrical grid during a…
Browsing: Glossary
The module derate factor, also referred to as the power derate factor, is a critical parameter used to adjust the…
When solar panels are connected in parallel, the overall voltage output of the system remains equal to that of a…
On-bill repayment (OBR) is a financing method that enables energy consumers to fund energy efficiency upgrades or renewable energy installations…
The payback period is a financial measure used to determine how long it takes to recover the initial investment cost.…
Performance-Based Regulation (PBR) refers to a regulatory approach aimed at enhancing the incentivization of utility performance. In essence, PBR is…
Nominal capacity refers to the advertised or specified capacity of a device or system, representing its maximum output or storage…
Multi-Criteria Analysis (MCA) is a widely used decision-making technique in various sectors. It offers a structured framework for evaluating and…
A Performance Based Incentive (PBI) refers to a form of incentive contingent upon a solar system’s real-time energy output. Such…
Peak demand refers to the maximum level of energy consumption that a consumer extracts from the electrical grid within a…
Panel mismatch refers to a situation in which the electrical parameters of one solar cell within a photovoltaic (PV) module…
It is an electronic device that transforms DC electricity generated by a single solar panel into AC electricity. This electricity…