In 2023, materials and upstream components accounted for the largest share of solar PV manufacturing costs, with a share of **Â percent. Energy was another major cost component, accounting for ** percent of total solar PV manufacturing costs. Labor costs, on the other hand, held a share of just **** percent.
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IEA. (October 30, 2024). Distribution of solar PV manufacturing costs worldwide in 2023, by main driver [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 27, 2026, from /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/
IEA. "Distribution of solar PV manufacturing costs worldwide in 2023, by main driver." Chart. October 30, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 27, 2026. /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/
IEA. (2024). Distribution of solar PV manufacturing costs worldwide in 2023, by main driver. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 27, 2026. /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/
IEA. "Distribution of Solar Pv Manufacturing Costs Worldwide in 2023, by Main Driver." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Oct 2024, /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/
IEA, Distribution of solar PV manufacturing costs worldwide in 2023, by main driver ÌÇÐÄÆƽâ°æ, /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/ (last visited July 27, 2026)
Distribution of solar PV manufacturing costs worldwide in 2023, by main driver [Graph], IEA, October 30, 2024. [Online]. Available: /statistics/1617903/solar-photovoltaics-manufacturing-cost-breakdown-by-driver/
