In 2017, the price for high-efficiency solar panels dropped from 72¢/W to 45¢/W, representing a 37% decline in cost. The falling price of high-efficiency solar panels is driven by several factors, including American consumer demand for higher solar efficiency to compensate for the higher-than-average energy consumption of the average American and Chinese state investment in high-efficiency solar panel production. The shift is also a result of technological change as solar panels have shifted from poly...
from Inhabitat - Green Design, Innovation, Architecture, Green Building https://inhabitat.com/in-2017-price-for-high-efficiency-solar-panels-fell-37
via Inhabitat
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