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Solar PV Prices Will Fall Below $1.00 per Watt by 2020

June 2, 2016

According to GTM Research’s latest report, U.S. Solar PV Price Brief H1 2016: Pricing, Breakdowns and Forecasts, pricing for fixed-tilt ground-mount PV systems will hit $0.99 per watt by 2020. This would achieve the Department of Energy’s ambitious SunShot target of $1.00 per watt by the end of this decade.

The report provides a detailed breakdown and forecast of solar costs by component and segment.

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