U.S. installed solar PV costs continue to fall

first_imgU.S. installed solar PV costs continue to fallThe latest report by Berkeley Lab shows that installed PV costs in the United States fell 12-15% during 2013, despite a stabilization in PV module costs. However, America still has the highest installed costs among major markets for systems under 100 kW. September 18, 2014 Christian Roselund Markets Markets & Policy Share The U.S. Department of Energy’s Lawrence Berkeley National Laboratories has released its seventh annual report on installed solar PV costs in the United States, based on fifteen years of data from over 300,000 PV systems.Tracking the Sun VII finds that median installed prices in the United States fell 12-15% from 2012 to 2013 to US$4.70 per watt for systems under 10 kW, $4.30 per watt for the 10-100 kW, and $3.90 for the 100 kW – 5 MW range.Prices for PV plants above 5 MW completed in 2013 remained steady at $3.00 per watt. There was little variation in pricing for larger projects, and projects using thin-film technologies were slightly less expensive at $2.70 per watt.This is the fourth year of sharp declines for the residential and commercial sectors, and prices for systems under 5 MW fell another 5-12% in key markets during the first half of 2014. This is despite a flattening of module prices since 2012, which indicates a reduction in balance of system costs, but could also be impacted by delays in module cost reductions to the end-consumer.Despite these impressive declines, the United States still has the highest prices among major PV markets where data is available for residential and commercial solar. U.S. installed PV prices are more than double German prices for systems under 100 kW, but also much higher than prices in the UK, Italy and France.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. 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The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share Christian Roselund Christian Roselund served as US editor at pv magazine from 2014 to 2019. Prior to this he covered global solar policy, markets and technology for Solar Server, and has written about renewable energy for CleanTechnica, German Energy Transition, Truthout, The Guardian (UK), and IEEE Spectrum.More articles from Christian Roselund [email protected] Related content Meyer Burger unveils 400 W heterojunction solar module Emiliano Bellini 28 April 2021 pv-magazine.com The solar module will be available in three versions – white, black, and glass-glass. 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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