The various forms of solar energy – solar heat, solar photovoltaic, solar thermal electricity, and solar fuels offer a clean, climate-friendly, very abundant and in-exhaustive energy resource to mankind. Solar power is the conversion of sunlight into electricity, either directly using photovoltaic (PV), or indirectly using concentrated solar power (CSP). The research has been underway since very beginning for the development of an affordable, in-exhaustive and clean solar energy technology for longer term benefits. This paper, therefore, reviews the progress made in solar power generation research and development since its inception. Attempts are also made to highlight the current and future issues involved in the generation of quality and reliable solar power technology for future applications. A list of 121 research publications on the subject is also appended for a quick reference.