A method of fabricating a photovoltaic panel is disclosed which is formed by arranging a number of granular photovoltaic devices in an array and forming the array into the shape of a panel from a transparent resin and includes each photovoltaic device having a part protruding from the resin. The method includes filling an escape recess of a receiver with a plastic sealing material, setting a forming die on the receiver, accommodating the photovoltaic devices in bowl-shaped recesses of the forming die respectively, pressing the photovoltaic devices accommodated in the bow-shaped recesses from above so that lower portions of the photovoltaic devices are fitted into the through holes of the bowl-shaped recesses thereby to be thrust inside the plastic sealing material substantially by a predetermined amount, respectively, pouring a liquid phase of the transparent resin into the forming cavity of the forming die, hardening the liquid resin in the forming cavity of the forming die so that the photovoltaic devices are integrated by the transparent resin into a photovoltaic panel, and taking the photovoltaic panel out of the forming cavity of the forming die.