HCPV cells are known for their high efficiency in converting sunlight into electricity. However, this increased efficiency also generates higher levels of heat, posing a risk of cell damage. Therefore, the study proposes the combination of a phase change material (CPCM) and liquid flow in hybrid wavy microchannels to ensure stable temperature within the high-concentration photovoltaic (HCPV) cells. A three-dimensional numerical model has been developed to capture the thermal behavior of PCM integrated with water cooling in a microchannel heat sink. The comparison and analysis involved contrasting cases with phase change material (PCM) and cases without PCM. The PCM cases were studied at Reynolds number (Re) 100, while the cases without PCM were investigated at Reynolds numbers of 100 and 200. Three distinct types of PCM were employed, specifically OM 32, Rt 35, and PA - SA/EG. The various microchannel geometries under consideration included Raccoon, wavy, and hybrid wavy microchannels. The results showed that using both PCM and water cooling in a microchannel is preferable over using only water cooling. The outcomes reveal that employing PCM 3 (CPCM) in conjunction with the raccoon wavy microchannel design, there is an 11.61% reduction in the maximum pressure drop, along with a decrease of 6.58% in the maximum solid substrate temperature. Moreover, this configuration attains the highest electrical efficiency, reaching 39.32%.