In 2021, the weighted average cost of capital (WACC) for utility-scale solar PV projects commissioned that year varied from roughly one to 14 percent. Argentina was the country with the largest cost of capital with 13.8 percent. Turkey and Mexico followed, but by a wide margin, with capital costs amounting to 7.5 and 7.2 percent, respectively. Germany registered the lowest cost of capital at 1.3 percent.
Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Solar PV power industry in Italy
Overview
5
- Premium Statistic Solar PV cumulative capacity in the European Union (EU-27) 2023, by country
- Premium Statistic Solar PV power capacity forecast in the EU 2027, by country
- Premium Statistic Solar photovoltaics capacity installed per inhabitant in the EU-27 2023, by country
- Premium Statistic Solar photovoltaic electricity production in the European Union (EU-27) 2023
- Premium Statistic Solar PV manufacturing companies in the EU 2023, by country
Key figures
7
- Premium Statistic Value of investments in photovoltaics in Italy 2016-2022
- Premium Statistic Leading photovoltaic companies in Italy 2022, by revenue
- Basic Statistic Maximum production capacity of solar PV modules in Italy 2022, by manufacturer
- Premium Statistic Number of employees in the PV industry in Italy 2017-2022
- Premium Statistic Number of photovoltaic systems in Italy 2010-2022
- Premium Statistic Number of photovoltaic systems in Italy 2017-2022, by sector
- Premium Statistic Number of solar PV plants in Italy 2023, by segment
Capacity and production
8
- Premium Statistic Annual cumulative installed capacity of PV systems in Italy 2012-2022
- Premium Statistic Solar photovoltaic capacity per inhabitant in Italy 2013-2023
- Basic Statistic Cumulative capacity of grid-connected PV installations in Italy 2018-2022, by system
- Premium Statistic Capacity of solar PV plants in Italy 2023, by segment
- Basic Statistic Largest operating solar photovoltaic power plants in Italy 2023
- Premium Statistic Forecast solar photovoltaic energy installations in Italy 2023-2027, by scenario
- Premium Statistic Energy production from photovoltaic systems in Italy 2010-2022
- Premium Statistic Monthly electricity production from photovoltaic power in Italy 2019-2022
Regional figures
4
- Premium Statistic Number of solar photovoltaic power plants in Italy 2023, by region
- Premium Statistic Regional breakdown of solar PV units in Italy 2022, by type
- Premium Statistic Installed solar photovoltaic capacity in Italy 2023, by region
- Premium Statistic Breakdown of PV capacity in Italy 2022, by region
Prices and costs
5
- Basic Statistic Average price of solar PV modules in Italy 2009-2022
- Basic Statistic Residential building applied photovoltaic systems price in Italy 2011-2022
- Basic Statistic Large commercial building applied PV systems price in Italy 2011-2022
- Basic Statistic Ground-mounted centralized PV systems price in Italy 2011-2021
- Basic Statistic Cost breakdown of a residential photovoltaic system in Italy 2022
Further related statistics
10
- Price of U.S. PV cell shipments - by type 2010
- Q-Cells: production by segment
- Primary energy consumption in Asia Pacific 2022
- Primary energy consumption in South Korea 2021-2022, by fuel
- Primary energy consumption in OECD countries 2019-2022, by fuel type
- Primary energy consumption in Brazil 2009-2022
- Primary energy consumption in Germany 1998-2022
- Biofuels related jobs worldwide by region 2019
- U.S. wind power generation 2009-2040
- UK power market: electricity generation market share of UK utilities
Further Content: You might find this interesting as well
Statistics
- Price of U.S. PV cell shipments - by type 2010
- Q-Cells: production by segment
- Primary energy consumption in Asia Pacific 2022
- Primary energy consumption in South Korea 2021-2022, by fuel
- Primary energy consumption in OECD countries 2019-2022, by fuel type
- Primary energy consumption in Brazil 2009-2022
- Primary energy consumption in Germany 1998-2022
- Biofuels related jobs worldwide by region 2019
- U.S. wind power generation 2009-2040
- UK power market: electricity generation market share of UK utilities
IRENA. (May 15, 2023). Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country [Graph]. In Statista. Retrieved June 16, 2024, from https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/
IRENA. "Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country." Chart. May 15, 2023. Statista. Accessed June 16, 2024. https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/
IRENA. (2023). Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country. Statista. Statista Inc.. Accessed: June 16, 2024. https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/
IRENA. "Benchmark Weighted Average Cost of Capital for Utility-scale Solar Photovoltaic Projects Commissioned Worldwide in 2021, by Select Country." Statista, Statista Inc., 15 May 2023, https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/
IRENA, Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country Statista, https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/ (last visited June 16, 2024)
Benchmark weighted average cost of capital for utility-scale solar photovoltaic projects commissioned worldwide in 2021, by select country [Graph], IRENA, May 15, 2023. [Online]. Available: https://www.statista.com/statistics/1386568/weighted-average-capital-cost-solar-photovoltaic-by-country/