According to Tim Buckley, director of Australia-based think tank Climate Energy Finance, solar module prices may approach $0.10/W by the end of 2024 or during 2025 at the latest.
This represents a 95% price reduction since 2010 when I first started working in the solar sector. The leading solar manufacturers have significantly scaled their manufacturing capacity, completely flooding the market, driving costs down. Solar is by far the cheapest source of energy and has a huge advantage of being able to be deployed at scale incredibly quickly. In order to achieve net-zero, mass deployment of solar is vital.
At Hyperion, we're very proud to support businesses at the forefront of driving the mass rollout of solar energy. If you need support building your solar capabilities and resources, reach out to me, or Laura.Sottosanti@hyperionsearch.com