An accurate method is proposed to track the maximum power point of a photovoltaic module. The method is based on the analytical value of the maximum power point voltage, determined from a mathematical model of the photovoltaic panel. The method has the advantage of accuracy without any oscillations, as with certain conventional methods. The algorithm has also the ability to track accurately the maximum power point under variable atmospheric conditions and load changes. Experimental results are presented to show the effectiveness of the method. The implementation of the method needs an online measurement of irradiance, panel temperature, and panel current and voltage.