Solar cost reductions consistently outpace hardware startup milestones
Layla Madrone · How supply chain chaos sank Sunfolding · Feb 26, 2025 · at 7:33
Layla Madrone, founder of solar tracker startup Sunfolding, explains the difficulty of hardware development while broader industry cost benchmarks were falling rapidly.
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“And we were part of this amazing industry, the solar industry, that keeps deciding it's going to lower its costs much faster than anyone could ever predict. So that means we would get to our cost target, and the industry would have already moved way far ahead of that.”
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