The cost of installing solar photovoltaics in 2010 was estimated to be over 4,600 U.S. dollars per kilowatt and by 2018, this figure had decreased significantly to some 1,200 U.S. dollars per kilowatt. By 2030, the installation cost of solar PV is projected to range between 340 and 834 U.S. dollars per kilowatt.
Installation cost of solar photovoltaics worldwide from 2010 to 2050
(in U.S. dollars per kilowatt)
* Projection.
** Average value. Figure ranged from 340 to 834 U.S. dollars per kilowatt.
*** Average value. Figure ranged from 165 to 481 U.S. dollars per kilowatt.
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IRENA. (November 12, 2019). Installation cost of solar photovoltaics worldwide from 2010 to 2050 (in U.S. dollars per kilowatt) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/
IRENA. "Installation cost of solar photovoltaics worldwide from 2010 to 2050 (in U.S. dollars per kilowatt)." Chart. November 12, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/
IRENA. (2019). Installation cost of solar photovoltaics worldwide from 2010 to 2050 (in U.S. dollars per kilowatt). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/
IRENA. "Installation Cost of Solar Photovoltaics Worldwide from 2010 to 2050 (in U.S. Dollars per Kilowatt)." Statista, Statista Inc., 12 Nov 2019, https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/
IRENA, Installation cost of solar photovoltaics worldwide from 2010 to 2050 (in U.S. dollars per kilowatt) Statista, https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/ (last visited December 21, 2024)
Installation cost of solar photovoltaics worldwide from 2010 to 2050 (in U.S. dollars per kilowatt) [Graph], IRENA, November 12, 2019. [Online]. Available: https://www.statista.com/statistics/1118626/solar-pv-installation-cost-projection/
