You’ve probably heard solar is getting cheaper, but 2025 is shaping up to be a watershed year. The average residential PV system cost has fallen 18% since 2023, now hovering around $2.12/Watt in U.S. markets. Commercial installations? They’re breaking the $1.80/Watt barrier in sun-rich regions. But what’s driving this rapid price erosion?
You know how everyone's hyping solar farms these days? Well, they've got a dirty little secret – most photovoltaic systems waste 75% of captured sunlight as heat. Solar tower power plants fix this glaring inefficiency by converting both light and heat into usable energy. But why aren't these futuristic structures everywhere yet?
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