Starting in Q4 2025, China will scrap its 13% VAT export rebate on solar modules and storage systems. This fiscal change will ripple through global pricing since China supplies over 80% of the world's solar modules and 90% of lithium iron phosphate (LFP) battery. . The latest monthly solar PV export data from the world's largest exporter, China, by country or region of destination. Ember's China Solar Export dataset provides the following information: The IEA has stated that China's solar photovoltaic exports account for 80% of the global market. While there. . 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:. . Following Wood Mackenzie's recent presentation at the SNEC Solar PV Conference & Exhibition in Shanghai in June, we share our insights on the global reach of China's solar and storage industry. Buying home energy storage systems wholesale enables cost savings, bulk purchase discounts, and access to a wider range of products. Despite a turbulent international environment, China's foreign trade demonstrated remarkable resilience in the. .
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