Solar module cost reduction project

What is solar technology cost analysis?

NREL’s solar technology cost analysis examines the technology costs and supply chain issues for solar photovoltaic (PV) technologies. This work informs research and development by identifying drivers of cost and competitiveness for solar technologies.

How is module cost reduced?

The reduction in module cost below the 2012 value is shown for each one-at-a-time variable change. Most variables are adjusted up or down by 25%, in a direction that reduces cost. Yield was changed from 95% to 100%. Plant size is increased by a factor of 3 (dark blue) and a factor of 10 (light blue).

How can R&D help reduce PV module cost?

R&D, both public and private, was a key driver of module cost reduction historically and can be valuable going forward in improving module efficiency and reducing materials use. Improvements to module efficiency in particular would help cut the per-watt cost of all cost components of PV modules (as well as PV systems).

What is DOE funding for solar?

Below are the projects DOE is funding to fuel innovation and reduce the costs of solar technology. Transformational Photovoltaic Science and Technology: Next Generation Photovoltaics II Projects The SunShot Initiative is also targeting ways to reduce grid integration costs and accelerate solar deployment across the nation.