Day: July 17, 2018

Swanson’s Law

Swanson’s Law

Swanson’s Law

07/17/18

“Does solar power price drops have some form of pattern?”

 

Every day it seems that we hear about the price drop of solar power. However, does this price change somehow have a pattern? Well, a solar industrialist known as Richard Swanson was analyzing the data and found that PV module prices drop 20 percent for every doubling of cumulative shipped volume. This phenomenon is known as Swanson’s law and is similar to Moore’s law in Computer Science.