The document describes the structure and function of chloroplasts and the two light-dependent reactions of photosynthesis: 1) The light reactions take place in the grana of chloroplasts and use solar energy captured by photosystems I and II to generate ATP and NADPH. 2) Photosystem II absorbs light and uses it to excite electrons that are passed through an electron transport chain, pumping protons across the membrane and producing ATP. Oxygen is released as a byproduct. 3) Photosystem I then absorbs light and excites electrons that reduce NADP+ to NADPH through another electron transport chain.