The integration of thermoelectric-generator (TEG) systems into photovoltaic (PV) generators is examined in this paper. Temperature increases have a detrimental effect on PV panel efficiency, which reduces power output. When testing solar modules at a temperature of 25°C (STC), heat can reduce output efficiency by 10–25%. In order to solve this problem, Peltier modules are used to reduce PV-cell temperature. This improves the longevity, power capacity, and efficiency of the system. An IoT platform transmits the gathered data to deliver real-time feedback. According to the investigation, installing a reliable cooling system dramatically lowers the temperature of the PV panels, with noticeable temperature declines seen in situations with cooling systems as opposed to those without. Conditions with cooling systems, such as B2, B3, and B4, showed substantial percentage temperature decreases, ranging from roughly 38.3% to 39.2%, 20.8% to 24.6%, and 36.4% to 36.8%, respectively. These results underline how crucial it is to establish effective cooling systems for the best PV panel performance. B2 also has the best cooling performance, with the resulting 4.5% power savings. Superior cooling effectiveness, increased thermal management, are all demonstrated by the configuration of connecting 4-TEG Peltier modules in a 2 × 2 series-parallel-configuration with a heat-sink.