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Use of BQ24650 with a NTC resistor for MPPT

Other Parts Discussed in Thread: BQ24650

Hello

       Please have a look at equation (1) on page 5 of this App Note :

http://focus.ti.com/lit/an/slua586/slua586.pdf

Could someone please explain why the equation is NOT :  VMPPSET = VINRB/(RB + REQ)  ???

Isn't VMPPSET (=1.2V) referenced to the GND pin ?

Thanks,

CV