“This, alongside improved grid access for solar PV as many countries invest in their transmission and distribution (T&D) networks, has made solar bankable for investors,” Singh explains.Consequently, solar module prices further decreased , accelerating utility-scale solar deployment. GlobalData reveals that average solar PV project costs have dropped 81% since 2010 and is expected to fall another 21% over the next five years.The solar supply chain has experienced oversupply, with production capabilities rea ...