刚刚公告！财政部、税务总局：取消！光伏、电池，迎重磅新政！

Core Viewpoint - The Chinese government has announced significant changes to the export tax rebate policy for the photovoltaic industry, which will impact the financial dynamics of the sector starting in 2026 [1][2]. Policy Changes - The Ministry of Finance and the State Taxation Administration announced that from April 1, 2026, the value-added tax (VAT) export rebate for photovoltaic products will be canceled [2]. - From April 1, 2026, to December 31, 2026, the VAT export rebate rate for battery products will be reduced from 9% to 6%, and from January 1, 2027, the rebate will be completely canceled [2]. Industry Trends - The "anti-involution" movement in the photovoltaic industry has led to a recovery in pricing, particularly in the upstream sector, with expectations for price increases in the mid and downstream segments [4]. - Investment opportunities are identified in three main areas: price elasticity as inventory is digested, new technologies that enhance efficiency, and the commercialization of perovskite solar cells [5]. Emerging Technologies - The potential for space photovoltaic systems is gaining attention, with plans for deploying solar energy satellites that could generate 100 GW annually [5]. - The space photovoltaic market could reach approximately 800 billion yuan if 4,000 satellites are launched, each with an average solar wing area of 100 square meters [6]. - Current leading technologies for space applications include gallium arsenide multi-junction batteries, while P-type HJT and next-generation perovskite/silicon tandem batteries are expected to dominate the market due to their efficiency and adaptability [6].