US duty triggers sell-off in Indian solar stocks
Indian solar stocks declined sharply on February 25, 2026 after the US Commerce Department imposed a preliminary countervailing duty (CVD) of 125.87% on solar cell and module imports from India. Following the announcement, manufacturers including Emmvee Photovoltaic Power Limited, Waaree Energies Limited, and Premier Energies Limited issued statements indicating limited immediate impact on their business operations. The duty, which took effect immediately and requires US importers to provide cash deposits, led to broad sector declines….