Turnkey PV system prices continue to trend downward in North America, with average prices for installations >100 kW in size falling 14% in the first half of 2010 in comparison to the first half of 2009. Buoyed by sustained global demand in the first half of 2010, key component price declines for PV systems have begun to slow as suppliers recover from the oversupply in 2008 and 2009 to re-establish margins. Substantial module price reductions have driven the levelized cost of energy (LCOE) for large-scale PV toward US$0.19/kWh-highlighting PV's rapid cost improvement and increased competitiveness. Please follow the link for more information on rencent EER's US Solar PV study
Turnkey PV system prices continue to trend downward in North America, with average prices for installations >100 kW in size falling 14% in the first half of 2010 in comparison to the first half of 2009. Buoyed by sustained global demand in the first half of 2010, key component price declines for PV systems have begun to slow as suppliers recover from the oversupply in 2008 and 2009 to re-establish margins. Substantial module price reductions have driven the levelized cost of energy (LCOE) for large-scale PV toward US$0.19/kWh-highlighting PV's rapid cost improvement and increased competitiveness.
Please follow the link for more information on rencent EER's US Solar PV study