Adjusting for inflation, it cost $96 per watt for a solar module in the mid-1970s. Process improvements and a very large boost in production have brought that figure down more than 99%, to 30¢ per watt in 2018 and as low as 20¢ per watt in 2020. Swanson''s law is an observation similar to Moore''s Law that states that solar cell prices fall 20% for every doubling of industry capacity. It was feature…" name="description">