In 2023, China was the region with the lowest manufacturing costs for solar photovoltaics worldwide. The United States had a levelized production cost ** percent higher than China, while India's costs were ** percent higher. Costs were the highest in the European Union, where the production of solar PV equipment was ** percent more expensive.
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IEA. (October 30, 2024). Levelized cost of production for solar photovoltaics worldwide relative to China in 2023, by region/country [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/
IEA. "Levelized cost of production for solar photovoltaics worldwide relative to China in 2023, by region/country." Chart. October 30, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/
IEA. (2024). Levelized cost of production for solar photovoltaics worldwide relative to China in 2023, by region/country. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/
IEA. "Levelized Cost of Production for Solar Photovoltaics Worldwide Relative to China in 2023, by Region/Country." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Oct 2024, /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/
IEA, Levelized cost of production for solar photovoltaics worldwide relative to China in 2023, by region/country ÌÇÐÄÆƽâ°æ, /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/ (last visited August 02, 2026)
Levelized cost of production for solar photovoltaics worldwide relative to China in 2023, by region/country [Graph], IEA, October 30, 2024. [Online]. Available: /statistics/1618272/solar-photovoltaics-manufacturing-cost-relative-to-china-by-region/
