This paper presents a detailed finite-volume model of a concentrating photovoltaic/thermal (PVT) solar collector. The PVT solar collector consists in a parabolic trough concentrator and a linear triangular receiver. The bottom surfaces of the triangular receiver are equipped with triple-junction cells whereas the top surface is covered by an absorbing surface. The cooling fluid (water) flows inside a channel along the longitudinal direction of the PVT collector. The system was discretized along its axis and, for each slice of the discretized computational domain, mass and energy balances were considered. The model allows one to evaluate both thermodynamic and electrical parameters along the axis of the PVT collector. Then, for each slice of the computational domain, exergy balances were also considered in order to evaluate the corresponding exergy destruction rate and exergetic efficiency. Therefore, the model also calculates the magnitude of the irreversibilities inside the collector and it allows one to detect where these irreversibilities occur. A sensitivity analysis is also performed with the scope to evaluate the effect of the variation of the main design/environmental parameters on the energetic and exergetic performance of the PVT collector.