Utility-scale solar construction costs halve 2013 averages, while wind and natural gas are relatively flat
Utility-scale solar projects used to cost nearly $4,000 per kW to build in 2013. By 2020, they fell to $1,655 per kW. November 3, 2022 Historically, one of the main challenges for the ramp up of solar energy was the higher cost of construction relative to other available technologies. Innovation, economies of scale, and incentivization …