The electrical demand is quickly increased, and renewable energy sources are an indispensable need for supporting the electric grid and supplying the isolated loads. Renewable energy is found in numerous forms like solar energy, wind energy, tidal energy. Solar power system is clean, and large amounts of solar radiation arrive to the surface of the earth. This paper aims to maximize the amount of extracted electrical power from the solar energy system. This work investigates in detail the concept of MPPT techniques which significantly increase the efficiency of the solar PV system. This paper presents a simulation-based comparative study between two most common algorithms, perturb and observe and incremental conductance techniques, to optimize the energy conversion efficiency of PV system. Simulation analysis and results of the PV module are made to get its characteristics.