This document summarizes a hybrid smart grid system that uses renewable energy from a microgrid. It discusses trends in solar energy capacity and growth worldwide. It describes types of solar energy systems including home lighting, off-grid, and microgrids. It then outlines the key components of a hybrid microgrid system including PV arrays, batteries, ultracapacitors, connections to the main grid, loads, and meters. It discusses using IOT and real-time data analytics for data acquisition, analysis, visualization, and forecasting of renewable energy export and import. It also mentions design and behavior visualization software and references sources for further information.