IPA: //ˌfoʊtəʊˈvɒlteɪɪks//
KK: /ˌfoʊtəʊvɔːlˈteɪɪks/
The technology that converts sunlight into electrical energy.
Many homes are now using photovoltaics to generate their own electricity from the sun.
Photovoltaics is formed from "photo-" (from Greek "phōs", meaning light) and "voltaics" (from Italian "volt", named after Alessandro Volta, meaning relating to electric potential). The term refers to the technology that converts light into electrical energy.
Think of 'light' ('photo-') being transformed into 'electricity' ('voltaics') — that's what photovoltaics does.
No commonly confused words.