Falling Solar Panel Costs: Lessons for Making New Technology Affordable?

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The discussion highlights an article from Ars Technica that examines how the decreasing costs of solar panels can provide insights into making new technologies more affordable. It emphasizes that while many technophiles focus on efficiency and technology costs, other factors, such as factory size and infrastructure investments, play significant roles in cost reduction. The article illustrates a shift over time from reliance on research and development to a greater emphasis on capital investments as technology matures. This perspective suggests that lessons learned from the solar industry could be applied to various sectors. Understanding these dynamics is crucial for driving down costs in emerging technologies.
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I would like to share this arstechnica article that IMO is unusual and enlightening. It approaches cost lessons on a level that could apply to many products; not just solar.

How the falling cost of solar panels can teach us to make new tech affordable

Here on PF, most of us are technophiles, so we tend to focus only on the technology cost factors, such as solar panel efficiency. Here are two interesting graphics from the article that show other factors.

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1-s2.0-S0301421518305196-gr4.jpg


Note especially the big contribution from plant size (factory size). Also note the shift as the technology matured. Early on, R&D and technology dominate. Later, capital investments in infrastructure dominate.
 

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