Characteristics and economics of three power generation systems which utilize solar energy were investigated and compared for systems located in five different regions. The three systems investigated were a solar thermal system, a solar photovoltaic system, and a CO 2 -capturing hybrid power generation system utilizing solar thermal energy (referred to as the hybrid system) which has been proposed by the authors. The net generated power energy and the net exergetic efficiency of the hybrid system have been estimated to be larger and higher, respectively, than those of the others. Economic evaluation reveals that the unit cost of generated power energy of the solar thermal system changes most widely corresponding to the change in solar radiation condition and that the cost of the hybrid system changes the least. In general, the most economical system has been estimated to be the solar thermal system in a location which is superior in solar condition and to be the hybrid system in a not so good solar condition. The solar photovoltaic system has the possibility of being the most economical if its construction cost is greatly improved, though the hybrid system is still the most economical under considerably worse solar conditions such as in Osaka.