In 2023, the capital costs for solar photovoltaic power plants in the United States stood at roughly U.S. dollars per kilowatt. By 2050, this figure is projected to decrease to some *** U.S. dollars per kilowatt in a stated policies scenario. China, on the other hand, is expected to have a solar PV capital cost of some *** U.S. dollars per kilowatt in that year.Â
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IEA. (October 15, 2024). Capital costs of solar photovoltaic power plants worldwide in 2023, with a forecast for 2030 and 2050, by key region (in U.S. dollars per kilowatt) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 26, 2026, from /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/
IEA. "Capital costs of solar photovoltaic power plants worldwide in 2023, with a forecast for 2030 and 2050, by key region (in U.S. dollars per kilowatt)." Chart. October 15, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 26, 2026. /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/
IEA. (2024). Capital costs of solar photovoltaic power plants worldwide in 2023, with a forecast for 2030 and 2050, by key region (in U.S. dollars per kilowatt). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 26, 2026. /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/
IEA. "Capital Costs of Solar Photovoltaic Power Plants Worldwide in 2023, with a Forecast for 2030 and 2050, by Key Region (in U.S. Dollars per Kilowatt)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 Oct 2024, /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/
IEA, Capital costs of solar photovoltaic power plants worldwide in 2023, with a forecast for 2030 and 2050, by key region (in U.S. dollars per kilowatt) ÌÇÐÄÆÆ½â°æ, /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/ (last visited July 26, 2026)
Capital costs of solar photovoltaic power plants worldwide in 2023, with a forecast for 2030 and 2050, by key region (in U.S. dollars per kilowatt) [Graph], IEA, October 15, 2024. [Online]. Available: /statistics/1621987/global-solar-pv-capital-costs-forecast-by-region/