The PV/TEG hybrid system, consisting of the photovoltaic cells and thermoelectric element, is presented in the paper. The dependence of the PV/TEG hybrid system parameters on the illumination levels and the temperature is analysed. The maxim power values of the photovoltaic cell, of the thermoelectric element and of the PV/TEG system are calculated and a comparison between them is presented and analysed. An economic analysis is also presented.
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