In a reconfigurable PV panel, the connections between groups of cells (cell-strings) can be rearranged in order to increase the overall power output under non-uniform conditions. In a traditional PV panel, current mismatch between the series-connected cells (due to irradiation differences of differential aging) limits the generated power output by either reducing the overall current or by bypassing the substring containing the limiting cells. A reconfigurable panel can respond to such a situation by changing the connections to a more favorable configuration, allowing the majority of the cells to operate at their MPP. This paper elaborates on such a topology and its components (high current switches, wiring). To get a clearer picture of the added value of such a reconfigurable panel, a detailed energy yield analysis was performed which includes the performance of those added components. The simulation model used for this analysis is calibrated with extensive measurement results. A comparison of that model and corresponding measurements will be discussed. The analysis shows that a reconfigurable PV panel can outperform the traditional panels when suboptimal conditions are predominant, as encountered for instance in BIPV. As a demonstration of the principle, a small-scale prototype was created and will be presented in this paper.