We describe a photovoltaic (PV) panel power conditioning circuits, in particular for a PV panel with multiple sub-strings of connected solar cells. The power conditioning unit comprises a set of input power converters, one connected to each sub-string, a shared dc link to provide a common dc bus for the set of input power converters, and a common output power conversion stage coupled to the shared dc link to convert power from the shared dc link to ac power for a mains power supply output from the power conditioning unit. Local conversion of the sub-strings facilitates control of the power available from the panel and optimum energy harvesting, as well as local maximum power point tracking (MPPT) adjustment.