D35 · Electricity and Gas Utilities · Global

Solar panel price

Global: 0.18 million USD per MW in 2023.

  • 0.18 million USD per MW Latest · Global · 2023
  • Annual Release cadence
  • 2 Records · 1 region · 2015–2023

Verified 27 Sep 2026 · 1 publisher · Next period 2024

Over time

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

Fig 1 · D35 · Global Annual

Solar panel price

Global, 2015 to 2023

2 observations · 2015 to 2023
Solar panel priceSolar panel price. 2 observations from 2015 to 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (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 2015 to 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (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 2015 to 2023, ranging from 0.18 million USD per MW to 0.74 million USD per MW. Latest value 0.18 million USD per MW (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
2015 Actual 0.74 million USD per MW
2023 Actual 0.18 million USD per MW
Source: IEA · million USD per MW · CC BY 4.0 · statorigin.org

Every record

2 records · 1 region · 2015–2023. Each period links to its record: the value, its source evidence and original document.

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

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<iframe src="https://statorigin.org/embed/utilities--solar-panel-price--trend" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Solar panel price" loading="lazy"></iframe>
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How this measure is built

Definition
The average price of solar panels per unit of capacity.
Measure
One slice of Solar panel price ( form: price ) . Average sales price per unit of solar photovoltaic module capacity. Region and period are columns on every record, not slices.
Limitations
Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 1 document

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

Frequently asked questions

What is the latest solar panel price?

Global: 0.18 million USD per MW in 2023.

Where does this data come from?

From 1 document published by IEA. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Annual. The newest published period is 2023; the next release should cover 2024. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

Cite this page

Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Solar panel price [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/solar-panel-price

"Solar panel price." StatOrigin, 2026, https://statorigin.org/indicators/solar-panel-price. Accessed 28 Oct. 2026.

StatOrigin. "Solar panel price." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/solar-panel-price.

@misc{statorigin_solar_panel_price_2026, title = {Solar panel price}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/solar-panel-price}, note = {Data set. Accessed 2026-10-28} }