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It depends on how you operationalize the claim and when you start the timer.

In 1975, the cost per watt for solar PV modules was $105.70 per watt, when normalized for inflation. In 2020, that number was $0.20 per watt. (Source: https://www.iea.org/data-and-statistics/charts/evolution-of-... )

That a 528x improvement. If the price goes down in half again, quite possible with economies of scale, you have 1000x better in a significant measurement that counts.



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