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Enhancing solar photovoltaic and thermal conversion performances may help develop more environ-mentally friendly hybrid photovoltaic/thermal(PV/T)systems that can be used in applications ranging from household to industrial scales.Owing to their enhanced thermal and optical properties,nanofluids have proven to be good candidates for designing PV/T systems with superior performances.As smart nanofluids,magnetic nanofluids(MNFs)can further enhance the performances of PV/T systems under external magnetic fields.This paper reviews recent developments in enhancing the electrical and thermal performances of PV/T systems using magnetic nanofluids.Various parameters affecting the performances are highlighted,and some areas for further investigations are discussed.The reviewed literature shows that PV/T systems with MNFs are promising.However,their performances need further investigation before they can be used in applications.