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</script>This paper summarizes the elements of photovoltaic power system and clarifies the terminology currently used. The relationship of system efficiency and cost is described particularly for the Balance of Photovoltaic System (BOPS) area. The current status of the BOPS development activity is described. The photovoltaic systems terminology is found to be on the road to standardization. Power conditioning, energy storage, and support structure are found to be BOPS cost and/or efficiency drivers. Although the current BOPS activity has identified low-cost/high-efficiency components, further development work is necessary.
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