China Solar Exports to Africa and Southeast Asia Surge

Chinese solar exports to Africa and Southeast Asia rose 83% and 75% year-on-year respectively in April as global renewable demand offset price hike concerns. While volumes dipped from a March peak driven by tax refund changes, the Philippines and South Africa remained major buyers.

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China increased solar exports to Africa 83% and Southeast Asia 75% in April as global renewable demand offset price-hike concerns. Shipments to both regions rose year-on-year but eased from March peaks. The surge reflected buyers rushing to secure orders before the government ended an export tax refund policy on April 1.

Global Demand Offsets Tax Policy Shifts

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