By using the suggested testing method, the hybrid parameters were experimentally determined. These were used in a validated simulation model that estimates the hybrid outputs in different geographic locations. Furthermore, the method includes a comparison of the hybrid performance with conventional collectors and photovoltaic modules working side-by-side. The measurements show that the hybrid electrical efficiency is 6.4% while the optical efficiency is 0.45 and the U-value 1.9 W/m2 °C. These values are poor when compared with the parameters of standard PV modules and flat plate collectors. Also, the beam irradiation incident on a north–south axis tracking surface is 20–40% lower than the global irradiation incident on a fixed surface at optimal tilt. There is margin of improvement for the studied hybrid but this combination makes it difficult for concentrating hybrids to compete with conventional PV modules and flat plate collectors.