Solar panel price

The average price of solar panels per unit of capacity.

Unit million USD per MW Industry Electricity and Gas Utilities

Records
2
Regions
1
Period
2015–2023
Sources
1
Verification 2 verified data points Updated 17 Sep 2026 Last verified 17 Sep 2026 Next update Update cycle: irregular

The chart

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Solar panel price

Global, end of 2015 to end of 2023

2 observations · end of 2015 to end of 2023
Solar panel priceSolar panel price. 2 observations from end of 2015 to end of 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (end of 2023). million USD per MW 0 0.2 0.4 0.6 0.8 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.74 0.18
Solar panel priceSolar panel price. 2 observations from end of 2015 to end of 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (end of 2023). million USD per MW 0 0.2 0.4 0.6 0.8 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.74 0.18
Solar panel priceSolar panel price. 2 observations from end of 2015 to end of 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (end of 2023). million USD per MW 0 0.2 0.4 0.6 0.8 2015 2016 2017 2018 2019 2020 2021 2022 2023 0.74 0.18
View the underlying data
Solar panel price
Period Type Value
end of 2015 Actual 0.74 million USD per MW
end of 2023 Actual 0.18 million USD per MW
Source: IEA · CC BY 4.0 · statorigin.org
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<p><a href="https://statorigin.org/indicators/solar-panel-price">Solar panel price</a> — data from StatOrigin, CC BY 4.0</p>
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Every record

All records

2 records · 1 region · 2015–2023

Solar panel price: every record, grouped by region, newest first.
Period Value Source Type
Global 2 records
end of 2023 0.18 million USD per MW IEA · 31 Dec 2023 actual
end of 2015 0.74 million USD per MW IEA · 31 Dec 2015 actual

Primary documents

Sources

1 document. Each links to the publisher's own copy.

Document Publisher Published Data points
Context and scenario design – World Energy Outlook 2024 IEA 2

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StatOrigin. (2026). Solar panel price. Retrieved from https://statorigin.org/indicators/solar-panel-price