China’s Solar Exports Fell 21.4% in July

Chinese exports of solar cells and panels dropped in July as the removal of the local export tax rebate as of April 1 continued to depress exports for the third straight month. China’s solar equipment exports declined by 21.4% last month from a year earlier, according to Chinese customs data cited by Reuters on Tuesday. The world’s top solar panel and cell manufacturer scrapped, effective April 1, 2026, export tax rebates for the value added tax (VAT) of photovoltaic products, including solar cells and panels. China will also withdraw…