| NOVEMBER 2, 2009 |
| Solar Power: Increasingly in Reach |
| The cost of generating electricity from solar panels has dropped steadily over the past three decades, from nearly $100 per watt in 1975 to less than $7 per watt today. Rising demand for materials has raised prices in recent years, but costs are expected to resume their downward trend as technology improves and production ramps up to meet demand. |
| Source: Evaluating the potential of solar technologies |
| Copyright © 2009 McKinsey & Company. All rights reserved. Reprinted by permission |
Monday, November 2, 2009
Solar Power: Increasingly in Reach
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