Solar, Storage Costs Set to Increase 9% in Q4 2025 as Chinese
The analysis reveals that three converging factors -- polysilicon consolidation, supply-side production cuts, and the cancellation of China''s 13% VAT export rebate -- will
Solar and storage prices are about to rise after a year and a half of record lows, according to new data from Wood Mackenzie. Equipment procurement costs for solar and energy storage will jump around 9% starting in Q4 2025, marking the end of the bargain pricing developers have enjoyed for the last 18 months.
Equipment procurement costs for solar and energy storage will jump around 9% starting in Q4 2025, marking the end of the bargain pricing developers have enjoyed for the last 18 months. That's because China is changing the rules. Wood Mackenzie points to three major drivers behind the coming spike: Polysilicon consolidation.
That policy shift means developers worldwide will face higher costs. In the US, storage and solar projects relying on Chinese equipment will likely see about a 9% cost increase in Q4. Analysts expect inverters to lose their export rebate soon, too, adding more upward pressure.
Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. Solar and storage prices will rise 9% in Q4 2025 as China cuts production and ends export tax rebates, Wood Mackenzie says.
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