Solar photovoltaic panel prices
Solar photovoltaic panel prices Average price of solar modules, expressed in US dollars per watt, adjusted for inflation.
4 FAQs about Internal price of photovoltaic panels
How much does a solar panel cost?
Note: Costs are expressed in constant 2024 US$ per watt. Global estimates are used before 2010; European market benchmarks thereafter due to limited data availability. Solar photovoltaic module prices refer to the cost of the solar panel itself, and do not include installation or other system components.
How much does a solar module cost?
Average price of solar modules, expressed in US dollars per watt, adjusted for inflation. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt.
What are solar energy cost benchmarks?
These benchmarks help measure progress toward goals for reducing solar electricity costs and guide SETO research and development programs. Read more to find out how these cost benchmarks are modeled and download the data and cost modeling program below.
Why is solar panel price assessment important?
Energy transition is well underway as demand shifts from fossil fuels to low-carbon energy sources. Increased demand for solar panel materials combine with a fatigued supply chain to create a volatile market. Accurate, trusted price assessments for solar panel components is more vital than ever before.
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View/Download Internal price of photovoltaic panels [PDF]
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