China Emerges as Global Energy Savior Amid Iran War Crisis (xataka.com)
0xBASE INTEL BRIEF
- China exported 68 GW of solar in March 2026, a new record.
- African countries increased solar imports by 176%.
- The oil crisis from the Iran war accelerated the global energy transition.
"During the Iran war crisis and the closure of the Strait of Hormuz, Chinese solar panel exports skyrocketed. In March 2026, China exported 68 GW of solar energy—double February's total and 49% above the previous record. African imports surged 176%. The demand was driven by the oil price shock and the quest for energy sovereignty. Battery and EV exports also rose 70%."
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