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Global Business News

The Economic Times

Global Business / The Economic Times

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Price shocks from the Iran war power solar sales in energy-hungry Asia

Iran war news: Soaring fuel prices due to the Iran war are pushing consumers in Asia towards rooftop solar power. In the Philippines, installations and inquiries have surged. China, the world's largest solar technology provider, is set to profit from this global demand. This crisis is accelerating the world's energy transition, making solar an accessible and cost-saving solution for many.

13 May 2026 11:43 am