A photovoltaic system includes a plurality of photovoltaic modules and a DC motor connected to a three-phase generator driven by a shaft. The three-phase generator is connected to a power mains. The electric power supplied to the DC motor by the plurality of photovoltaic modules is repeatedly measured and adjusted, by changing an external excitation current of the DC motor, to the peak power attainable at the current ambient temperature and the current incident solar radiation intensity. The peak power is preferably determined by incrementally changing the excitation current in predetermined time intervals, until the supplied electric power produces a power level which can be regarded as the peak power.