With the increasing emphasis on the application of renewable energy in the world, photovoltaic power generation has ushered in a rapid development stage. Photovoltaic power generation equipment is an essential part of photovoltaic power generation, and its reliability plays a positive role in the development of renewable energy. This paper makes statistics on the fault rate of the power generation equipment in a practical photovoltaic power station, including photovoltaic inverter, combiner box, photovoltaic modules, etc., sorts out the types of faults, analyzes the key factors that affect the fault of the equipment, and puts forward future research directions.