China Solar Exports Rise 60 Percent Year on Year in April
Chinese solar shipments grew 60 percent year on year in April to a total value of 3.12 billion dollars despite the cancellation of a key export tax refund program. While volumes fell compared to a record high in March, demand remains robust across Southeast Asia and Africa.
China increased solar cell exports 60% year-on-year in April, reaching $3.12 billion. The growth persisted despite the government removing an export tax refund on April 1. The surge reflects strong demand in Southeast Asia and Africa.
### Demand Shifts Following Policy Changes Shipments fell compared to the previous month, dropping from 1.71 billion cells in March to 1.34 billion in April. Volume also declined to 1.16 million metric tons from the record 1.78 million tons reached in March. Analysts attributed the previous month's record highs to buyers front-loading orders before the tax refund program ended.
