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Waaree Energies, Premier Energies Shares Plunge Amid US Solar Duty Imposition
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Solar Stocks Tumble as US Imposes 125.87% Duty on Indian Solar Goods
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News18
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25-02-2026, 17:30
Solar Stocks Tumble as US Imposes 125.87% Duty on Indian Solar Goods
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Shares of Waaree Energies, Premier Energies, Vikram Solar, and Sterling and Wilson Renewable Energy tumbled.
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The US announced a preliminary countervailing duty of 125.87 percent on certain Indian solar goods.
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The US alleges these products are unfairly subsidized by New Delhi.
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Duties also announced on imports of 'Crystalline Silicon Photovoltaic Cells' from Indonesia and Laos.
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Solar imports from India into the US surged to USD 792.6 million in 2024 from USD 83.86 million in 2022.
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