Solar (photovoltaic) panel prices vs. cumulative capacity

Learning curve for solar panels. This data is expressed in US dollars per watt, adjusted for inflation. Cumulative installed solar capacity is measured inmegawatts.

Solar photovoltaic module price
constant 2023 US$ per watt
Solar photovoltaic cumulative capacity
megawatts
Country or region
2001
2021
Absolute Change
Relative Change
2001
2021
Absolute Change
Relative Change
World$6.21$0.32-$5.89-95%1,373.00 MW862,526.40 MW+861,153.40 MW+62,721%
Solar (photovoltaic) panel prices vs. cumulative capacity

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