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Are solar and energy storage prices about to rise?

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.

Why are solar & energy storage costs rising in Q4 2025?

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.

How will China's Export tax rebate affect the solar industry?

The end of China’s export tax rebate. 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.

Will solar prices rise 9% in Q4 2025?

Subscribe to Electrek on YouTube for exclusive videos and subscribe to the podcast. Solar and storage prices will rise 9% in Q4 2025 as China cuts production and ends export tax rebates, Wood Mackenzie says.

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China solar energy storage cabinet solar after-sales price

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Solar and storage costs are set to increase 9

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Solar and storage costs are set to increase 9% in Q4 2025 as

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Oct 3, 2025 · Solar and storage prices will rise 9% in Q4 2025 as China cuts production and ends export tax rebates, Wood Mackenzie says.

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Oct 3, 2025 · Solar and storage prices will rise 9% in Q4 2025 as China cuts production and ends export tax rebates, Wood Mackenzie says.

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