For decades, photovoltaic (PV) module yellowing caused by UV exposure has been observed on solar arrays in operation. More than an aesthetic inconvenience, this phenomenon can severely impair module performance and promote other degradation mechanisms by undermining the photoprotection provided by encapsulation. To understand how this reaction may affect current encapsulation materials, silicon heterojunction (SHJ) monocell modules with either UV‐cut or UV‐transparent commercial encapsulants were aged under UV irradiation and examined by visual inspection, fluorescence imaging and flash tests. Despite the photoprotection they provide, only the encapsulants that were stabilised by UV absorbers underwent discolouration. On the one hand, UV absorber photodegradation is responsible for the formation of yellow chromophores that affect light transmission to the cell, which could cause net decrease in the photogenerated current high as 4% after 4200 h of accelerated UV ageing. On the other hand, UV‐induced degradation of SHJ solar cells only accounts for a lower photogenerated current loss (3%), in contrast with previous observations in the literature. According to the behaviour of the current encapsulation formulation, the stability of UV absorbing additives has to be improved to ensure the durability of the device over 30 years.