One of the most effective methods for utilizing solar energy is to combine thermal solar and optical energy simultaneously using a hybrid panel. Many systems using various kinds of photovoltaic panels have already been constructed. But utilizing solar energy by means of a hybrid panel with concentrator has not been to be attempted yet. Normally if sunlight is directed on the solar cell, and there is no increase in temperature, the absorption energy of each cell will increase per unit area. In a silicon solar cell. however, cell conversion efficiency decreases according to the increasing temperature. Therefore, to maintain cell conversion efficiency under normal condition, it is necessary to keep the cell at operating temperature. we design and make new hybrid panel with cooling system to prevent increasing of temperature on cell, collect effectively thermal energy. We compared performance of new hybrid panel with PV module and thermal panel. We also evaluated conversion efficiency, electric power and thermal capacity and confirmed cooling effect from thermal absorption efficiency.