Solar PV costs rise slightly to $44/MWh in 2025, IRENA data shows — Stepchange News

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Solar PV costs rise slightly to $44/MWh in 2025, IRENA data shows

The levelized cost of electricity from solar photovoltaic projects ticked up marginally to $44 per megawatt-hour in 2025, continuing a multi-year trend of declining costs that remain competitive with fossil fuels.

First covered Jul 2, 2026 · 8:17 AM PT · 1 article

Coverage

12h PV Tech Solar PV LCOE ticks marginally upwards in 2025, reaching US$44/MWh – IRENA — The LCOE for solar PV increased marginally in 2025, reaching US$44/MWh, up from US$43/MWh in the previous year.

Appeared in: 2026-07-02 (#7) · 2026-07-03 (#14)

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