This paper presents a review of the available literature on PV/T collectors. The review is presented in a thematic way, in order to enable an easier comparison of the findings obtained by various researchers, especially on parameters affecting PV/T performance (electrical and thermal). The review covers the description of flat plate and concentrating, water and air PV/T collector types, analytical and numerical models, simulation and experimental work and qualitative evaluation of thermal/electrical output. The parameters affecting PV/T performance, such as covered versus uncovered PV/T collectors, optimum mass flow rate, absorber plate parameters (i.e. tube spacing, tube diameter, fin thickness), absorber to fluid thermal conductance and configuration design types are extensively discussed. Based on an exergy analysis, it was reported that the coverless PV/T collector produces the largest available total (electrical + thermal) exergy. From the literature review, it is clear that PV/T collectors are very promising devices and further work should be carried out aiming at improving their efficiency and reducing their cost, making them more competitive and thus aid towards global expansion and utilization of this environmentally friendly renewable energy device. (c) 2006 Elsevier Ltd. All rights reserved.