This paper presents an improved design of a photovoltaic/thermal (PV/T) solar collector integrating a PV panel with a serpentine-shaped copper tube as the water heating component and a single pass air channel as the air heating component. In addition to the electricity generated, this type of collector enables the production of both hot air and water, increasing the total efficiency per unit area compared to the conventional PV/T solar collector. The use of both fluids (bi-fluid) also creates a greater range of thermal applications and offers options in which hot and/or cold air and/or water can be utilized depending on the energy needs and applications. In this paper, the design concept of the bi-fluid PV/T solar collector is emphasized with 2D steady state energy balance equations for the bi-fluid configuration are developed, validated and used to predict the performance of the bi-fluid solar collector for a range of mass flow rates of air and water. The performance of the collector is then compared when the fluids are operated independently and simultaneously. The simulations indicate that when both fluids are operated independently the overall thermal and electrical performance of the solar collector is considered as satisfactory and when operated simultaneously the overall performance is higher. The hi-fluid PV/T solar collector discussed in this paper will add insights to the new knowledge of optimizing the utilization of solar energy by a PV/T solar collector and has potential applications in various fields. (C) 2013 Elsevier Ltd. All rights reserved.