(1) The inverter output will be exactly the line voltage, having raised the (local) line voltage according to the source impedance of the supply line and the current developed As the inverter is connected to the line, its output is the (locally measured) line voltage by definition. The "meter spins backwards" when generation exceeds use, because it senses the current direction. Often there would be separate meters for consumption and generation.
simulate this circuit – Schematic created using CircuitLab
This is a residential distribution network, your house is No.2, the third from the pole transformer and the only one with solar power. Currently it's in shadow, so the line voltage reduces slightly further from the pole, and the last house (No.3) sees 109V.
When the sun comes out, the line voltage at the pole remains 115V, but your local line voltage also becomes 115V.
No. 1 is now fed from both sides and it's line will rise from 113V to 114V, and No.3 is still 2V below your line voltage, now seeing 113V.
Weather Line No.1 No.2 No.3
Cloudy 115V 113V 111V 109V
Sunny 115V 114V 115V 113V
(2) Where are you and what connection regime are you in? If you're in the UK and conforming to the G83/2 standard for a single phase residential connection, the answer is up to 16A. (Higher output is allowed on a separate standard, G59/2 for 3 phase connections). Any excess power is simply not drawn from the panel (assuming this is a grid tie system with no local storage)
None of this applies outside the UK.
(3) Pretty much nothing visible, maybe a very slightly higher voltage and marginally cleaner waveshape (assuming your inverter is legal and conforms to the applicable standards, including harmonic distortion.
The G83/2 specification illustrates the requirements for protection against overvoltage, out of tolerance frequency and waveform shape - and the all-important consideration of disconnecting immediately if the grid fails, to prevent electrocuting the engineers trying to repair it!
Here's an article on the rules in California to get you started on the US standards - which may well vary from State to State.
Grid regulation is a topic in itself - it isn't automatic, someone monitors it and adds or removes generation capacity to keep its parameters (voltage and frequency) within limits.
One characteristic of traditional (spinning metal) generators is that as you load them, they slow down a little, which reduces their output voltage and their contribution to the grid - transferring their load to others, which slow down in turn - arriving at a concensus on the actual mains frequency. You can watch this process in the UK in real time here. At the moment, it's reading 50.007Hz, so there's no need for additional capacity, but if it falls to 49.9Hz, phone calls will be made and some other power source will be turned on...
The importance of this for grid tie inverters is the way they can affect demand and power flows in the short term in unpredictable ways, taht the grid isn't currently designed for.
Best Answer
48V x 45A might yield 2kW output if the panel is rated for 2500~3000 W max. But if yours is 2kW max take 2/3 or these values. Solar Panels might be rated for best case Solar Power input which rarely occurs due to latitude, season, elevation angle and daily aiming error.
Low V battery causes higher transistor current losses to boost to 120Vac and 2x more to 4x for same kW rating. e.g. 600Vbat @800V can be 98% efficient at 3kW out but only 94% efficient at 400V while 80V bat.will be much worse but unknown.
It is far more cost effective and efficient to have DC current <10A which implies A much higher battery voltage.
e.g. 2kw/10A=200V and 120Vrms is 340 Vpp or 170Vp so high Vbat runs in buck mode while low Vbat must boost and amplify voltage and this draws more driver current.
The optimum Vbat is the one recommend by your choice of GTI and matching array of PV voltage.
Battery LG Chem RESU 7H_R / 10H_R Voltage range 350 -450 V CC Max. current 10 A Communication RS485
In spite of others named in top 10 Consumer grade GTI’s I think the single phase 2 or 3 kW version is what I might choose for best MTTP and GTI effectiveness with smart monitor remote features . https://www.vpsolar.com/en/prodotto/huawei-sun2000l-2-3-3-68-4-4-6-5ktl/
You do not need a Hybrid GTI from battery since you do not want UPS features.