It used to be — way back in history, like 2008 — that the biggest barrier to growing solar markets was the cost of the modules. Since then, module costs have come down around 80% — to the point that hardware costs are no longer the largest part of the overall cost of a solar system.
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module costs
A fresh edition of GTM Research`s five-year report on the costs of solar photovoltaics has just been published (PV Technology, Production and Cost: 2012-2016 Outlook). To say that the reduction of costs in the last couple of years is surprising is an understatement.
Last week’s Get Some Sun webinar featured Galen Barbose from Lawrence Berkeley National Lab discussing the results of Tracking the Sun, an assessment of the changing cost of going solar across the U.S. This is the fourth edition of this annual report, and each year we eagerly await its release to see hard