The propagation of light through a thin film interfaced between two semi-infinite media serves as a compelling illustration for elucidating electromagnetic wave interactions with matter at the undergraduate level. Despite its pedagogical significance and diverse technological applications, this model often receives inadequate attention in foundational electromagnetism literature, limiting early student exposure to this emblematic concept. In this pedagogical initiative, we present a comprehensive analysis of electromagnetic wave propagation through a dielectric medium positioned between semi-infinite media. We examine interference phenomena arising from back-and-forth reflected waves within the dielectric, focusing on the coherent and incoherent reflection regimes as limiting cases. Employing rigorous analytical treatment, we delineate transmittance and reflectance profiles, offering students a lucid understanding of how the refractive index’s real and imaginary components compete and manifest under specific conditions. This analytical approach enhances students’ comprehension of electromagnetic wave behavior within diverse mediums. Furthermore, we extend this theoretical foundation to practical applications, emphasizing renewable energy contexts. By calculating absorptance, we estimate the maximum photo-generated current and power conversion efficiency of a prototype solar cell, establishing a tangible link between theoretical knowledge and real-world solar energy utilization.