This research paper analyses photovoltaic systems, which are basically renewable energy systems that can convert solar energy directly into electricity. Its exponential growth in Europe and the USA over a short period of time and the major companies involved in these regions responsible for the research and development of photovoltaic systems to meet up with the energy demands of an industrial and power demanding Green society. It further gives insight on the background, Technological

more »

... ts, Areas of applications of Photovoltaic Systems in an attempt to shed more insight on why this technology has become so important in these regions and what the Photovoltaic System Companies there offer, their capacity, efficiency, range of its photovoltaic systems and the economics involved.