I. The Growth of Grid Connected PV
The installation of grid connected photovoltaic (PV) systems is growing at a staggering rate, driven by a number of factors including growing concern about global warming and energy security, and improvements in technology and subsequent decreasing costs. Growth rates of approximately 40% each year are reported in the member countries of the International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) (Fig. 1). The total reported installed PV capacity in 2004 is over 2500MW with over 80% of that grid connected [1]. Note that these numbers do not include the rapid recent growth in non-member countries China and India, among others. Grid-connected systems typically cost about 5 to 7 US$ per watt, with PV modules accounting for 50-60% of system costs [2].