From Jenny Chase of Bloomberg:

Pretty cool chart from my team at BloombergNEF. In 2012, the standard solar module was multicrystalline silicon, 15.4% efficient and costing $1.09/W in 2023 $. In 2023, standard is mono PERC, efficiency 21.3%, price $0.13/W.


Sign up for a weekly digest of solar industry news, delivered to your inbox every Tuesday.