Market Report

Global solar PV system pricing H1 2021: MEA, LATAM and Canada

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27 May 2021

Global solar PV system pricing H1 2021: MEA, LATAM and Canada

Report summary

The report covers solar PV system costs in 21 markets around the globe, including nine in LATAM, 11 in MEA, and Canada. As a result of this change, Wood Mackenzie can analyze system costs in more countries and across more market segments. We have added cost breakdowns for major utility-scale solar markets including Chile, Egypt and Saudi Arabia, in addition to continuing to track all-in system costs for utility-scale projects in Mexico, Brazil and South Africa. Wood Mackenzie is now tracking total system costs for markets including the Dominican Republic and Ecuador, in addition to most markets that were tracked previously. We have also started tracking C&I solar PV system prices in Israel, Brazil and Chile. The report also includes a detailed price breakdown for some C&I solar markets, including South Africa and the UAE. It has forecasted system costs from 2020 through 2026 and dives into the drivers for cost reduction and market trends.

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  • Document

    Global solar PV system pricing H1 2021 - MEA, LATAM and Canada_PR.pdf

    PDF 1.95 MB

  • Document

    Global solar PV system pricing H1 2021 - MEA, LATAM and Canada_v2_Data.xlsx

    XLSX 164.66 KB