Value-added tax export rebate cancellation is imminent, and the photovoltaic module industry is experiencing a significant increase in prices.

AI Inquiry · How does the cancellation of photovoltaic export tax rebates promote industry value competition?

IT Home, March 26 — According to announcements from the Ministry of Finance and the State Taxation Administration, starting April 1, 2026, value-added tax export rebates for products like photovoltaics will be eliminated. Several industry insiders believe that after the policy implementation, the industry may enter a period of profit recovery, shifting from low-price competition to value competition based on technology, branding, and service.

Currently, photovoltaic module prices have risen significantly. For example, Trina Solar has completed three price adjustments this year. The latest official guide prices for their distributed photovoltaic modules show that the guidance price per watt for medium-sized 620W–650W and large-sized 715W–745W modules has increased to 0.89–0.93 yuan, an 8.1% to 8.5% rise since January, with lightweight single-glass modules now exceeding 1 yuan per watt.

Leading manufacturers like LONGi Green Energy and JA Solar have also adjusted their prices. LONGi’s distributed modules have increased by 0.03–0.05 yuan per watt, and their high-power 670W+ BC modules have broken the 1 yuan per watt mark.

Data from consulting firm InfoLink Consulting shows that prices of products across the photovoltaic industry chain’s mid-to-lower reaches have all increased to varying degrees. In March, mainstream distributed module spot prices have risen to 0.8 yuan per watt, up over 33% from 0.6 yuan per watt at the end of 2024.

Industry insiders generally agree on the reasons for this round of price increases. Zheng Tianhong, an analyst at Shanghai Nonferrous Metals Network specializing in photovoltaic modules, explains that the current price rise is a result of combined factors: rigid cost increases and policy catalysts. The surge in silver prices is a core underlying reason, with the adjustment of export rebate policies serving as an important trigger. These factors together have driven up the prices of photovoltaic products.