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Trend of residential PV systems prices in Italy 2011-2018

The price of residential photovoltaic (PV) systems decreased from 3.6 euros per watt in 2011 to 1.41 euros per watt in 2018. The same can be said about the price of commercial and industrial PV systems and ground-mounted plants . The growth of the sector and, consequently, the increased number of companies operating in it, may have made the market more competitive.  

PV installed capacity

In fact, the number of photovoltaic systems experienced a tenfold increase between 2009 and 2017. Also, the cumulative installed capacity steadily grew, peaking in 2018 at 20.12 gigawatts. Apulia was the region with the greatest share of PV installed capacity nationwide , followed by Lombardy and Emilia-Romagna.  

PV in Italy: leading role worldwide

In 2017, Italy was the leading country worldwide in terms of electricity consumption covered by photovoltaic power. In detail, in Italy 7.7 percent of electricity consumed was generated from PV, whereas in Germany and Japan – the second and third in the ranking – the shares of PV electricity were equal to 7.5 and 5.5 percent, respectively.   

Trend of residential PV systems prices in Italy from 2011 to 2018

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Source

Release date

November 2019

Region

Italy

Survey time period

2011 to 2018

Supplementary notes

Residential PV systems < 5-10 KW.

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