What the news says
The renewable energy market (solar and wind) depends on battery storage technology to maintain stability. The 90% concentration on Chinese suppliers creates geopolitical and economic security risks for US clean energy projects, as well as potential impacts on global energy supply chains and investments in green technology.
07/17, 03:39 PM
China will impose a 2% consumption tax on some solar batteries from September 2026 and a 4% tax on some from September 2027.
China will impose a 2% consumption tax on some solar batteries from September 2026 and a 4% tax on some from September 2027.
Affected assets
FirstSquawk
07/17, 03:39 PM
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