Relative cost of solar panel manufacturing versus China
The factor by which the cost of producing solar panels in a given country exceeds the cost of producing them in China.
Unit multiple Industry Electricity and Gas Utilities
The chart
By region
Each region's latest published value. Periods differ where publishers release on different schedules; the period sits under each name.
Relative cost of solar panel manufacturing versus China by region
Latest value per region, end of 2024
View the underlying data
| Category | Source | Type | Value |
|---|---|---|---|
| United States | IEA | Actual | 3 multiple |
| India | IEA | Actual | 2 multiple |
Every record
All records
2 records · 2 regions · 2024
| Period | Value | Source | Type |
|---|---|---|---|
| United States 1 record | |||
| end of 2024 | 3 multiple | IEA · 31 Dec 2024 | actual |
| India 1 record | |||
| end of 2024 | 2 multiple | IEA · 31 Dec 2024 | actual |
Primary documents
Sources
1 document. Each links to the publisher's own copy.
| Document | Publisher | Published | Data points |
|---|---|---|---|
| Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal | IEA | — | 2 |
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Data on this page is published under CC BY 4.0. You may reuse it, including commercially, provided you attribute it. To cite one figure, open its record: each carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.
StatOrigin. (2026). Relative cost of solar panel manufacturing versus China. Retrieved from https://statorigin.org/indicators/relative-cost-of-solar-panel-manufacturing-versus-china