Raed Sherif – Concentrated Photovoltaic for Large Scale Solar ...

Module Price ($/W) ($2002)PV Historic Path Toward Cost Reduction100Historical101980$21.83/W1985$11.20/W1990$6.07/W 1995$4.90/ W 2000$3.89/W 2005Projected 2004!$2.70/W 2010$1.82/W 2013$1.44/W11 10 100 1000 10000 100000Cumulative Production (MW)• Niche applications in remote, off-grid markets• Then, through FIT and incentive programs, gained access to grid-connectedmarkets• Through efficient manufacturing and economies of scale, PV module pricestoday are actually much lower than what was projected back in 2004