China’s Solar Exports Resilient Even After Tax Rebate Removal

Solar cells at a factory in Xi'an, Shaanxi Province, China.

Photographer: Qilai Shen/Bloomberg

China’s solar cell exports remained resilient in April, defying expectations that the removal of tax rebates would damp overseas demand for the country’s clean tech products.

Shipments of solar cells grew 60% by volume last month compared with a year ago, according to data released by China’s General Administration of Customs on Monday. The increase follows an 80% surge in March, which was partly driven by a rush of shipments ahead of the cancellation of export tax rebates from April 1.