GoKawiilSolar panel costs fall to 12 cents per watt, driven by China's manufacturing scale
Solar panel prices have plunged from roughly $5-6 per watt 26 years ago to about 12 cents per watt today, according to Ember co-founder Dave Jones cited in a Financial Times report. The report attributes this steep decline almost entirely to a massive expansion in Chinese solar manufacturing, which has made panels affordable for both wealthy and developing nations.