This statistic displays the global weighted average solar and wind power investment costs in 2015 and a projection for 2025. In 2025, solar photovoltaics are expected to have an average investment cost of 790 U.S. dollars per kilowatt hour.
Forecast of global weighted average wind and solar investment costs in 2015 and 2025
(in U.S. dollars per kilowatt hours)
Characteristic
2015
2025
Solar photovoltaic (PV)
1,810
790
Concentrating solar power (CSP) (PTC: parabolic trough collector)
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IRENA. (June 15, 2016). Forecast of global weighted average wind and solar investment costs in 2015 and 2025 (in U.S. dollars per kilowatt hours) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/
IRENA. "Forecast of global weighted average wind and solar investment costs in 2015 and 2025 (in U.S. dollars per kilowatt hours)." Chart. June 15, 2016. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/
IRENA. (2016). Forecast of global weighted average wind and solar investment costs in 2015 and 2025 (in U.S. dollars per kilowatt hours). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/
IRENA. "Forecast of Global Weighted Average Wind and Solar Investment Costs in 2015 and 2025 (in U.S. Dollars per Kilowatt Hours)." Statista, Statista Inc., 15 Jun 2016, https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/
IRENA, Forecast of global weighted average wind and solar investment costs in 2015 and 2025 (in U.S. dollars per kilowatt hours) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/ (last visited September 20, 2024)
Forecast of global weighted average wind and solar investment costs in 2015 and 2025 (in U.S. dollars per kilowatt hours) [Graph], IRENA, June 15, 2016. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/562673/average-solar-and-wind-power-investment-costs-projection-worldwide/