Solar Costs Are Hitting Jaw-Dropping Lows in Every Region of the World

This may sound a little repetitive, but it's impossible to ignore: The decline in solar costs is not slowing down. GTM Research expects a 27 percent drop in average global project prices by 2022, or about 4.4 percent each year. Those improvements are not limited to the U.S. They are occurring globally, and in some cases resulting in even sharper price declines than those America is experiencing.

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