Relative cost of solar panel manufacturing versus China

RecordSTO-PTCBMX4Q40-V9WXSMXK7F-656QQ6

3multiple

United States · 2024

Relative cost of solar panel manufacturing versus China in the United States was 3 multiple in 2024 (IEA).

Original source
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.

Checked: the figure 3 multipleis stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

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_PTCBMX4Q40V9WXSMXK7F656QQ6

Other formats: MLA, Chicago, BibTeX
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_PTCBMX4Q40V9WXSMXK7F656QQ6.
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_PTCBMX4Q40V9WXSMXK7F656QQ6.
BibTeX
@misc{iea2024relative656qq6, 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_PTCBMX4Q40V9WXSMXK7F656QQ6}, 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.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of custody
Record: STO-PTCBMX4Q40-V9WXSMXK7F-656QQ6 T1 Official

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

Status
Verified
Review protocol
editorial:judge-fix-v1:2026-09-27
Checked on
27 September 2026
Last revision
27 September 2026
Permanent URL
/stat/stat_PTCBMX4Q40V9WXSMXK7F656QQ6