An intelligent hybrid inverter or smart grid inverter is a trending generation of inverter for solar applications using renewable energy for home consumption, especially for solar photovoltaic installations. Some see this as a new technology, however in some parts of the world the application of such products has been around since the 1990s. Electricity from solar panels is generated only during the day, with peak generation around midday. Generation fluctuates and may not be synchronized with a load’s electricity consumption. To overcome this gap between what is produced and what is consumed during the evening, when there is no solar electricity production, it is necessary to store energy for later use and manage energy storage and consumption with an intelligent hybrid (smart grid) inverter. With the development of systems that include renewable energy sources and rising electricity prices, private companies and research laboratories have developed smart inverters for synchronizing energy production and consumption.