The document discusses trends in the balance of systems (BOS) costs for solar photovoltaic projects. Key points include:
- BOS costs, which include components beyond the solar panels, have decreased from around 35% to 30% of total project costs from 2013-2017 due to innovations like larger block sizes and more efficient inverters and mounting systems.
- Increasing solar panel efficiency from 10% to 17% over the last 10 years has also reduced BOS costs by allowing the use of fewer panels and less cabling/land for the same energy output.