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The predominant PV technology is [[crystalline silicon]], while [[thin-film solar cell]] technology accounts for about 10 percent of global photovoltaic deployment.<ref name="Fraunhofer-PR-2014">
{{cite web |date=28 July 2014 |title=Photovoltaics Report |url=http://www.ise.fraunhofer.de/en/downloads-englisch/pdf-files-englisch/photovoltaics-report-slides.pdf |url-status=live |archive-url=https://web.archive.org/web/20140809192020/http://www.ise.fraunhofer.de/en/downloads-englisch/pdf-files-englisch/photovoltaics-report-slides.pdf |archive-date=9 August 2014 |access-date=31 August 2014 |publisher=Fraunhofer ISE |pages=
</ref> In recent years, PV technology has improved its sunlight to electricity [[Solar cell efficiency|conversion efficiency]], reduced the installation [[Price per watt|cost per watt]] as well as its [[energy payback time]] (EPBT) and [[levelised cost of electricity]] (LCOE), and has reached [[grid parity]] in at least 19 different markets in 2014.<ref>
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