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Euronews
Euronews
Angela Symons

Africa’s solar boom was built on artificially cheap Chinese pricing – ‘that era is now ending’

Solar installations in Africa are expected to get more expensive next month as China ends discount schemes.

China’s decision to end value-added tax rebates on solar panel exports is expected to take effect on 1 April. At the beginning of next year, the country will also phase out incentives for making battery storage equipment.

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