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Indian Solar Companies Facing 126% Tariff & Anti-Dumping Threat: Investor Alert
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US Imposes 126% Tariff on Indian Solar, Anti-Dumping Threat Looms
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News18
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25-02-2026, 11:31
US Imposes 126% Tariff on Indian Solar, Anti-Dumping Threat Looms
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US Commerce Department imposes preliminary countervailing duties up to 126% on Indian solar panels and cells, citing government subsidies.
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Waaree Energies, Premier Energies, and Vikram Solar are identified as the most affected Indian companies due to their significant US export share.
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The decision follows a complaint from US solar companies like First Solar, Hanwha Qcells, and Mission Solar Energy, alleging unfair competition.
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Indian solar exports to the US reached $792.6 million in 2024, a nine-fold increase from 2022, now facing severe impact.
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Shares of Waaree Energies, Premier Energies, and Vikram Solar saw significant drops following the announcement, with Waaree falling 10%.
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