The Economic Times

Waaree Energies says 'no material adverse impact' on US order book amid 126% preliminary duties

Waaree Energies anticipates no significant impact on its US orders despite new US import duties. The company is expanding its US manufacturing capacity to 4.2 GW by year-end. This expansion is expected to support existing US commitments and cushion the effect of the trade measures. The US Commerce Department imposed preliminary duties on solar imports from India, Indonesia, and Laos.