Relative cost of solar panel manufacturing versus China

However, producing solar panels in the United States costs three times as much as in China, and in India, it is twice as expensive.

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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_RPZGMF248HT8JAJW1XGE038V85

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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_RPZGMF248HT8JAJW1XGE038V85.

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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_RPZGMF248HT8JAJW1XGE038V85.

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BibTeX

@misc{iea2024relative038v85, 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_RPZGMF248HT8JAJW1XGE038V85}, 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.} }

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Record last modified 17 September 2026. Value type: actual. Update cadence: irregular. This page is permanently addressable at statorigin.org/stat/stat_RPZGMF248HT8JAJW1XGE038V85.