China is to cancel VAT export rebates for solar panel products from 1st April 2025; battery export rebate cut to 6% (prev. 9%) until the end of 2026, but will be fully removed from 1st January 2027
This move by China to cut VAT rebates for solar panels and batteries signals a tightening of export incentives, likely aimed at controlling costs and shifting domestic production priorities.
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China is to cancel VAT export rebates for solar panel products from 1st April 2025; battery export rebate cut to 6% (prev. 9%) until the end of 2026, but will be fully removed from 1st January 2027
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The phased approach, with a complete removal by early 2027, could impact global supply chains and pricing dynamics in the green energy sector, with potential repercussions for global clean energy initiatives and trade relationships, particularly in the EU.
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