Relative cost of solar panel manufacturing versus China
STO-REC-STATCRZQY4T1 Official
3multiple
United States · end of 2024
Relative cost of solar panel manufacturing versus China in United States averaged 3 multiple at end of 2024 (IEA).
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- Manufacturing capacity paragraph
- Retrieved
- 16 Sep 2026
- Status
- Verified
What the source says
However, producing solar panels in the United States costs three times as much as in China, and in India, it is twice as expensive.
Verbatim extraction verified: The figure 3 multiple is directly attested in the quoted passage (Manufacturing capacity paragraph).
The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.
- APA
- International Energy Agency. (2024). Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal. Retrieved September 16, 2026, from https://www.iea.org/news/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closer-to-tripling-goal. Via StatOrigin, https://statorigin.org/stat/stat_CRZQY4Y6S1T8NC8AZYQDWRBYAC
- MLA
- International Energy Agency. "Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal." 2024, https://www.iea.org/news/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closer-to-tripling-goal. Accessed 16 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_CRZQY4Y6S1T8NC8AZYQDWRBYAC.
- Chicago
- International Energy Agency. "Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal." 2024. https://www.iea.org/news/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closer-to-tripling-goal. Accessed September 16, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_CRZQY4Y6S1T8NC8AZYQDWRBYAC.
- BibTeX
- @misc{iea2024relativewrbyac, author = {{International Energy Agency}}, title = {Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal}, year = {2024}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_CRZQY4Y6S1T8NC8AZYQDWRBYAC}, note = {Original source: https://www.iea.org/news/massive-global-growth-of-renewables-to-2030-is-set-to-match-entire-power-capacity-of-major-economies-today-moving-world-closer-to-tripling-goal. Accessed September 16, 2026.} }
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Chain of Custody · Verification Audit
Primary Source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Massive global growth of renewables to 2030 is set to match entire power capacity of major economies today, moving world closer to tripling goal
- Type
- Press release
- Published
- —
- Locator
- Manufacturing capacity paragraph
- Retrieved
- 16 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- See source
Verification & Integrity
- Audit status
- Verified
- Review protocol
- Editorial review
- Checked on
- 17 September 2026
- Last revision
- 17 September 2026
- Archival URI
- /stat/stat_CRZQY4Y6S1T8NC8AZYQDWRBYAC