Between 2010 and 2024, the weighted average levelized cost of electricity (LCOE) for solar photovoltaics (PV) saw a continual annual decline, reaching **** U.S. dollars per kilowatt-hour in the latter year. In comparison to a decade earlier, this represented a drop of approximately *** U.S. dollars per kilowatt-hour.
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IRENA. (July 18, 2025). Weighted average levelized cost of electricity (LCOE) for solar PV worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/
IRENA. "Weighted average levelized cost of electricity (LCOE) for solar PV worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour)." Chart. July 18, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/
IRENA. (2025). Weighted average levelized cost of electricity (LCOE) for solar PV worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/
IRENA. "Weighted Average Levelized Cost of Electricity (Lcoe) for Solar Pv Worldwide from 2010 to 2024 (in U.S. Dollars per Kilowatt-hour)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 18 Jul 2025, /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/
IRENA, Weighted average levelized cost of electricity (LCOE) for solar PV worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour) ÌÇÐÄÆÆ½â°æ, /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/ (last visited August 04, 2026)
Weighted average levelized cost of electricity (LCOE) for solar PV worldwide from 2010 to 2024 (in U.S. dollars per kilowatt-hour) [Graph], IRENA, July 18, 2025. [Online]. Available: /statistics/506824/weighted-average-lceo-of-utility-scaled-solar-photovoltaics-worldwide/