Sustainable biz updates - for industries, solutions, innovation & impact

Solar module prices fell 90% between 2010 and 2019

Solar module prices fell 90% between 2010 and 2019

Cost of solar power fell by an average about 80% worldwide

The dramatic decrease in the solar module prices since 2010 has been well documented, especially in the 2010 - 2017 period.

It is interesting to note that the decrease had continued further, until 2020, and the prices had reached just 10% of what they were in 2010.

Cost of solar power fell in the same range too during the period.

While it is unlikely solar modules or power will see such dramatic declines from now on (though of course, who knows!), the affordability of solar power could propel it to much greater heights during the 2020-2030 timeline.

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