The era of cheap Chinese solar + storage is ending
For the past year and a half, Chinese manufacturers have been selling solar modules and storage systems at rock-bottom prices, trying to
It can store renewable energy such as solar energy, provide a stable and reliable power supply for the family. Specially crafted for enterprises and commercial institutions, with outstanding functions such as peak shaving and valley filling, demand response, and demand management.
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.
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.
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 packs. That policy shift means developers worldwide will face higher costs.
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