China solar exports hit all-time record in March as Africa, Asia demand jumps

In March 2026, China exported a record volume of solar components, totaling 68 gigawatts in solar capacity, as fossil fuel prices rose and tax rebates for clean technology ended. This surge in demand led to 50 countries setting all-time records for Chinese solar imports, with African nations experiencing a significant increase in demand. Despite China's decision to end tax rebates, African countries are continuing to rapidly expand their solar energy capacity, with prices expected to rise but not reverse the clean energy transition. Asian nations, including India, also increased their imports of Chinese solar components, reflecting a global trend towards solar energy adoption.

https://news.mongabay.com/short-article/2026/05/china-solar-exports-hit-all-time-record-in-march-as-africa-asia-demand-jumps/