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Average spot price for solar photovoltaic modules worldwide from 2016 to 2024 (in U.S. dollars per watt-peak)

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Sources

Release date

April 2025

Region

Worldwide

Survey time period

2016 to 2024

Supplementary notes

The statistic was assembled using several editions of the report. 

Citation formats

Global average price for solar PV modules 2016-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Jul 14, 2025

The global price of solar photovoltaic modules averaged **** U.S. dollars per watt of peak power in 2024, down from **** U.S. dollars per watt a year earlier. Since 2016, prices have decreased by almost ** percent.

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Topics

Global solar PV supply chainGlobal solar photovoltaicsU.S. solar photovoltaicsGlobal solar thermal energyCleantech in the U.S.
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