Overview
- Beijing’s removal of VAT export rebates for photovoltaic products takes effect on 1 April 2026, with battery export rebates cut from 9% to 6% the same day and fully abolished on 1 January 2027.
- IEA data show China produced the vast majority of PV components in 2024, including roughly 78% of modules and 97% of wafers, giving the policy global reach.
- Industry estimates point to roughly a 10% rise in module prices, with typical consumer increases for 2,000 W balcony systems commonly projected in the 5%–10% range, alongside added pressure from pricier inputs such as silver and lithium.
- Immediate pass‑through is uneven as suppliers draw down stocked inventory; Zendure says it is not raising prices now and Solakon reports secured volumes that delay increases.
- Retailers are using deep promotions to capture demand, including 2,000 W plus‑storage bundles reported at about €1,139 and some under €1,000 for a limited time, while advisers cite customer interest up by around 50%.