Increasing restrictions on the emission of greenhouse gases by the standards and the European Union’s policy aims at increasing the share of renewable energy sources in the energy mix of the Member States. Subsequently, we observe a rapid increase in the installed capacity of the renewable energy sources. Renewable energy sources are currently the fastest growing sectors of energy generation, specifically the photovoltaic sector. In 2005, the total installed capacity in photovoltaic installations in the European Union was about 2.17 GW, while in 2019 it was already over 130 GW. Currently, due to many forms of incentive governmental measures the construction of photovoltaic installations is rapidly increasing with installations mounted on private houses and buildings. The article presents selected issues concerning the failure modes of photovoltaic installations and a comparative assessment of the estimated and the real measured electrical production of an operational photovoltaic installation. The Solar-PV power plant design approach proposed in the paper considers the failure modes to enhance the plant’s reliability.