Premier Energies Prioritizes India Market Amid US Solar Tariffs
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Premier Energies Prioritizes India Market Amid US Solar Duties, Cites Strong Domestic Demand
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CNBC TV18•25-02-2026, 15:47
Premier Energies Prioritizes India Market Amid US Solar Duties, Cites Strong Domestic Demand
•Premier Energies shifts focus to the Indian market, citing policy uncertainty abroad and new US solar duties.
•US Commerce Department imposes countervailing duties on solar cells and panels from India, Indonesia, and Laos.
•Vinay Rustagi, Chief Business Officer, states India's solar sector offers strong demand visibility, insulating the company from global trade disruptions.
•Rustagi dismisses concerns about increased domestic competition or overseas manufacturers redirecting supplies to India due to government policies.
•Data centers, driven by AI, are identified as a future demand driver, potentially adding 30 GW of solar demand over five years.
