- From April 1, 2026, China will remove the 9% export VAT rebate on solar panels and reduce the rebate on batteries from 9% to 6%, with full removal by January 1, 2027.
- These changes are expected to gradually increase the cost of Chinese solar panels and batteries internationally, including in the UK.
- Recent low prices for solar panels may not continue beyond mid-2026, so planning ahead is important for those considering solar or battery storage.
- Battery price changes will occur more gradually due to the staged rebate reduction.
- Despite these changes, solar remains a reliable investment for reducing energy costs and carbon impact; careful planning is recommended.
Source: aessolar.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "China"
- Fujian Tax Bureau Announcement on Land Value-Added Tax Collection and Administration Matters
- Hong Kong POS and Receipt Requirements Overview
- Hong Kong Fiscal Requirements Overview
- China’s VAT Reform Pushes Multinationals Toward Real-Time Compliance
- China VAT Reform Accelerates Real-Time Global Compliance Shift
