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.

Cumulative installed solar PV capacity (megawatts)1 MW10 MW100 MW1,000 MW10,000 MW100,000 MW1 million MWSolar PV module cost (constant 2023 US$ per watt)$1197519751976197619771977197819781980198019811981198319831984198419861986198819881991199119941994199719972000200020022002200420042006200620082008200920092010201020112011201320132015201520172017WorldWorld19752023
Solar (photovoltaic) panel prices vs. cumulative capacity

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