Advances in solar photovoltaic technolgy: a review

Abstract

The work presented analyses the current technology trends in solar cell photovoltaic (PV) industry. The development in solar PV technology has been growing very fast in the recent years due to technological improvement, cost reductions in materials and government support for renewable energy-based electricity production. PV technology is playing an important role to utilize solar energy for electricity production worldwide. At present, the PV market is growing worldwide rapidly with at an annual rate of 35–40%, which makes photovoltaic as one of the fastest growing industries. The efficiency of solar cell has been one of the important parameters in order to establish this technology in the market. Currently, extensive research work is going for efficiency improvement of solar cells for commercial use.