4 FAQs about Current price of monocrystalline silicon for solar modules

How much does a crystalline silicon module cost?

Today's typical wholesale price for mainstream crystalline silicon modules is in the range US$0.17–0.25 W −1 (ref. 10), depending on the type and efficiency, which converts to a staggering low US$35–50 m −2. Data until 2021 adapted with permission from ref. 10, Fraunhofer ISE.

How efficient are monocrystalline solar cells?

Monocrystalline solar cells reached efficiencies of 20% in the laboratory in 1985 (ref. 238) and of 26.2% under 100× concentration in 1988 (ref. 239). In this period, the efficiency of industrial solar cells slowly grew from 12% to 14.5%.

What are crystalline silicon solar cells?

Crystalline silicon solar cells are today's main photovoltaic technology, enabling the production of electricity with minimal carbon emissions and at an unprecedented low cost. This Review discusses the recent evolution of this technology, the present status of research and industrial development, and the near-future perspectives.

How much does a solar module cost?

Average price of solar modules, expressed in US dollars per watt, adjusted for inflation. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt.

View/Download Current price of monocrystalline silicon for solar modules [PDF]

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