Cost of Electricity - PV
LCOE OF PV, FEBRUARY 2014
2
/ / / /
PV EXPERIENCE CURVE, 1976-2013 (2013 $/W)
Source: Paul Maycock, First Solar, Bloomberg New Energy
Finance
Note: Prices inflation indexed to US PPI.
0.1
1
10
100
1 10 100 1,000 10,000 100,000 1,000,000
experience curve historic prices (Maycock)
Chinese c-Si module prices (BNEF) Thin-film experience curve
First Solar thin-film module cost
1976
1985
2003
2006
2012
Cost per
W
(2013 $)
1976
1985
2003
Q3
2013
2012
Cumulative
capacity (MW)
2013
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