The solar cells cooled to constant temperature at different concentration ratios (CR) and spectral bands (SB) require the same cooling heat flux (CHF), but the output power varies significantly. Thus, it is necessary to clarify the relationship of CHF‐CR‐SB to provide a reference for photovoltaic systems to select the output power generation of the spectral band under constant cooling heat flux. In this article, a selecting spectra model of a centralized photovoltaic (CPV) system is established and the selection of the spectrum based on CHF and the CR is analyzed. Theory shows that the wider the spectral division of the same CR, the larger the cooling heat flux consumed. The narrower the spectrum division, the higher the CR that the cell receiver can withstand. The experiments show that the higher the photoelectric conversion efficiency (PCE), the lower the cooling heat flux to be consumed. The cooling heat flux of 650 filter consumes 22.74% more than the UV700 filter, which means the demand for CHF is more severe when the heat spectrum distribution is wide. The spectral division should be carried out according to the requirements of high‐energy flux but a small thermal energy proportion to achieve efficient PCE.