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Average Cost of Large-Scale Solar Projects Down for the First Time in 11 Quarters

The trend is expected to continue in the coming quarters

June 6, 2023

/ Rakesh Ranjan
/ Mercom Research Focus, Solar,
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The average cost of large-scale solar projects in the first quarter (Q1) of the calendar year (CY) 2023 decreased by 5% quarter-over-quarter (QoQ) for the first time in 11 quarters due to a drop in module prices.

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Rakesh Ranjan

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CostsMercom Research FocusModulesSolar SystemsUtility Scale
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