Solar PV module price/cost


The PV module cost is typically between a third and a half of the total capital cost of a PV system, depending on the size of the project and the type of PV module. Projecting PV module costs into the future is complicated by the high learning rate of 22% that has been experienced historically With the PV market growing so rapidly compared to the installed base, projections of cost reductions can quickly become out of date.

graph of the 26

Source: IRENA

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