Solar Price Surge Coming? How China’s Tax Rebate Cut Affects You Directly
On November 15th, the Chinese government reduced the export tax rebate for photovoltaic modules from the previous 13% to 9%. What are the short-term effects of this change on the photovoltaic market? 1. Delivery Impact: Pressure on Supply Chains November 19th – November 28th: With the tax rebate cut, many orders originally scheduled for overseas shipment in December are now rushing to be delivered. There will be significant pressure on the delivery of popular models. November 29th
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