Coated silver nanoparticles (Ag NPs) are currently receiving interest because of their numerous uses in various fields of electronics, antimicrobials, manufacturing sectors, optical science, and pharmaceuticals. Among others, it gained significant attention in the power electronic system. The goal of the proposed study is to use a cost-effective coating material for solar panels; to accomplish this, silver nanoparticles were synthesized from the leaves of the Rosy Periwinkle plants. Green synthesis and characterization, such as Ultraviolet Visible Spectrometer (UV–Vis) analysis, Scanning Electron Microscopy (SEM), Energy Dispersive X-ray Spectroscopy (EDX), and Fourier Transform Infrared Spectroscopy (FTIR), were carried out after the silver nanoparticles have been collected prior coating. As a consequence, the effectiveness is determined based on the conductivity test, and the resulting Ag NPs are then applied to the c-si layer of the solar panel. Additionally, a modelling and experimental analysis are performed in this study to ascertain the suggested framework's ability to measure energy before and after coating panels with Ag NPs. Specifically, the Voltage Current (VI) and Power Voltage (PV) characteristics were validated in this study for analyzing the effectiveness and the obtained results revealed that the coating of green synthesized Ag NPs generated 2 % more power than the reference solar panel under the same conditions. Further, hardware testing and simulation were both used to confirm the outcomes and effectiveness of the suggested method. The open circuit voltage (Voc), short circuit current (Isc), maximum peak voltage (Vmp), maximum peak current (Imp), and efficiency are taken into account when assessing how well the suggested system performs at tracking. Moreover, the current density characteristics were evaluated with respect to various irradiation conditions for both the typical solar as well as Ag NPs coated panels. From the observation, it is noted that the efficiency level of coated panel was improved up to 19.20 %, 18 %, and 17.20 % for the irradiations of 200 W/m2, 500 W/m2, and 1000 W/m2 respectively.