This is resulting in the increasing demand for rooftop photovoltaic (PV) in both residential and commercial sectors. The adoption of these products is widely dependent upon government initiatives. Incentives mechanisms, including tenders, technology-specific renewable portfolio standards, premiums for the feed-in of excess power generated in self-consumption systems, tax credits, and traditional feed-in tariffs or power purchase agreements, are the major reason behind the growing deployment of rooftop solar PV in different application areas.
Rooftop solar PV systems comprise solar PV panels and other related equipment, including monitoring and mounting units, batteries, cables, junction boxes, meters, inverters, and transformers. The key applications of rooftop solar PV modules are off-grid and on-grid, between which, the demand for these products was higher for off-grid applications in the past. The reason for this is the increased costs of integrating systems to grids. Furthermore, the application of supply management infrastructure, including transport cables, meters, and management systems for grid integration, is a costly endeavor as well.
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