Outdoor performance of photovoltaic (PV) modules primarily depends on the instantaneous plane-of-array irradiance ( G poa ) and PV module temperature ( T pv ). T pv can be estimated from the ambient temperature ( T amb ) and the G poa as T pv =T amb +k T G poa . The coefficient k T depends strongly on the way the PV module is mounted (open rack, ventilated or unventilated roof mounting, etc.), wind speed and also on the module type. In the presented paper, open rack mounted and unventilated roof integrated cases of PV module installation are experimentally and theoretically examined. Linear relationship with k T is upgraded with a nonlinear one based on the energy balance model and measured data. Nevertheless, T pv is also affected by the module’s regime of operation. The T pv dependency on different regime of operation (open-circuit and maximum power point tracking) for two types of PV modules in two regimes is reported. Differences are discussed in light of energy balance equation within thermal management, where impact of the PV module conversion efficiency on T pv is also shown.