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Solar energy modules have been used for power generation for more than two decades. It is a proven technology.
The recent decline in the cost of solar PV modules, the continuous enhancement in their power generation efficiency, together with the surge of more flexible and more cost competitive technologies such as thin film, has made solar PV technology a promising avenue to provide alternative energy at par with fossil fuel in the foreseeable future.
This is further strengthened by the improved capabilities in inverters and other elements in the balance of system.