f solar panel price trend

	B	D	E	F	H	I	J
1	Solar panel price trend
2	This knowledge is free to use under CC-BY License 4.0!
3	This file is part of Gapminder's fact-base. Here's the link to the public share folder
4	Updated by Ola Rosling on December 6 2023
5
6	What is the fact
7	The price of solar panels have declined enormously, but most people don't know.
8	We use it in the feedback to a fact question:
9	https://upgrader.gapminder.org/q/55
10
11	SOURCE(s)
12	Data source: Nemet (2009); Farmer & Lafond (2016); International Renewable Energy Agency (IRENA)
13	Via Our World in Data
14	https://ourworldindata.org/grapher/solar-pv-prices-vs-cumulative-capacity		constant 2021 US$ per Watt
15	The solar price for 2022, is added to the end of the OWID series, byt using the price change between 2021 and 2022 from here		US dollars per Watt
16	https://www.irena.org/News/articles/2023/Aug/Infographic-Renewable-Power-Generation-Costs-in-2022	Year	Solar photovoltaic module price	Solar photovoltaic cumulative capacity
17		1975	115.27994	0.54
18		1976	86.73498	1.08
19		1977	63.27724	2.16
20		1978	44.769016	3.51
21		1979	37.616653	5.235
22		1980	31.877598	7.965
23		1981	25.486736	12.88
24		1982	22.899265	19.405
25		1983	18.48658	29.255
26		1984	17.17762	46.705
27		1985	14.996445	66.455
28		1986	12.40504	89.155
29		1987	10.546382	113.655
30		1988	9.850762	140.6
31		1989	10.180332	173.35
32		1990	10.529626	212.3
33		1991	9.754261	257.15
34		1992	9.087465	309.05
35		1993	8.498376	365.9
36		1994	8.039315	423.75
37		1995	7.4332066	489.25
38		1996	6.9492726	565
39		1997	6.92504	650.8
40		1998	6.240156	771
41		1999	5.7644114	914.5
42		2000	5.6569705	1103
43		2001	5.472839	1373
44		2002	5.00502	1738.5
45		2003	4.7581787	2229.2056
46		2004	4.1068506	3050.436
47		2005	4.150731	4546.144
48		2006	4.5242715	6090.42
49		2007	4.55778	8502.737
50		2008	4.1538196	14725.166
51		2009	2.7763515	22836.248
52		2010	2.1539392	40327.344
53		2011	1.7668298	72205.45
54		2012	0.95170355	101645.445
55		2013	0.7335895	136572.14
56		2014	0.6760093	176113.39
57		2015	0.62826574	224069.56
58		2016	0.5800744	296112.28
59		2017	0.48668432	390877.56
60		2018	0.4334812	483495.16
61		2019	0.39740166	585867.6
62		2020	0.3152967	713918
63		2021	0.266575	855162.25		0.051
64		2022	0.2561210784	1046614.3	0.9607843137	0.049	https://www.irena.org/News/articles/2023/Aug/Infographic-Renewable-Power-Generation-Costs-in-2022
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