Solar panel (also known as photovoltaic cell or solar cell) is a device which absorbs photos from the sun light and converts to the electrical energy. In recent years,. Below are the basic and general components and devices which needed for a solar panel system installation at home. Details of each device is given below. monocrystalline solar panels are better option than polycrystalline but they are little bit expensive. The final decision depends on many factors such as your region and environment, sunshine hours, load requirements and types of batteries used in the system etc. We have already discussed the topic in details as it depends on.