Solar Power Prices Should Continue Falling Through 2025

As the total amount of solar modules produced has increased over the past few decades (from left to right), the price per watt has also fallen. Prices 1975-2009 are from Nemet (2009), and prices for 2010 and 2011 are based on data from Navigant and Bloomberg New Energy Finance. Red circles indicate the expectations from Near Zero's survey, for solar module prices at 300 GW and 600 GW of total installations (also called cumulative capacity). Also shown for reference in blue is the module price target of the Department of Energy's SunShot Program.

Credit: Near Zero

Prices for solar modules—the part of solar panels that produce electricity—will continue to fall, in line with the long-term trend since 1980, according to a survey of experts by Near Zero, , a nonprofit energy research organization. However, for prices to keep falling for the long term will require continued commitment to research, such as on materials used for making solar modules.

Guest Post: How to Build a Solar Concentrator for Solar Hot Water

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Blog writer James Vasanth has written to share his insights with readers on the daunting DIY task of building a solar concentrator for solar hot water. He writes, “In this post, I’ll discuss some key points including how to build your own 2-axis parabolic concentrator.” Thanks, James. The “how-to” steps are welcome, however, a ready made version sounds even better after counting all the steps.