Solar cells keep getting cheaper.
FOB China prices are now under $0.05/watt for the most popular solar cells in the market. Lower prices open new markets, which drive more volume, which can lower prices further. Let’s keep our fingers crossed for this virtuous cycle! Note that solar project “soft costs” are not following this trend toward decline, so projects that require lots of labor and permitting and grid interconnects (especially in the US) are not yet benefiting. ~ learn more