The challenges of providing electricity to rural households are manifold. Ever increasing demand–supply gap, crumbling electricity transmission and distribution infrastructure, high cost of delivered electricity are a few of these. Use of renewable energy technologies for meeting basic energy needs of rural communities has been promoted by the Governments world over for many decades. Photovoltaic (PV) technology is one of the first among several renewable energy technologies that was adopted globally as well as in India for meeting basic electricity needs of rural areas that are not connected to the grid. This paper attempts at reviewing and analyzing PV literature pertaining to decentralized rural electrification into two main categories—(1) experiences from rural electrification and technology demonstration programmes covering barriers and challenges in marketing and dissemination; institutional and financing approaches; and productive and economic applications, (2) techno-economic aspects including system design methodologies and approaches; performance evaluation and monitoring; techno-economic comparison of various systems; and environmental implications and life cycle analysis. The paper discusses the emerging trends in its concluding remarks.