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Boosting Solar PV Markets: The Role of Quality Infrastructure

Sources:

International Renewable Energy Agency (IRENA)

Authors:

Francisco Boshell

Alessandra Salgado

Paul Raats

Significant growth in the amount of installed solar PV can be attributed in large part to the continued decrease in the levelized cost of electricity (LCOE) that is expected for solar PV. The decrease in PV system LCOE over the past decade has been driven by substantial PV module cost reductions, although projected reductions in the coming decade will be largely driven by a decrease in balance-of-system costs. Quality assurance and quality infrastructure are key contributing factors.