Utility-scale solar capex has fallen 80% since 2010, from £3,400/kW to £660/kW

Utility-scale solar installed cost (£/kW)

Source: IRENA, Arup/DESNZ, Modo Energy

Note: Historical from IRENA global benchmark. 2024 UK estimate from Arup for DESNZ. Forecast from Arup central scenario.

MODOENERGY