---
title: "Solar stocks crash: Waaree Energies, Premier Energies shares fall 10% after US imposes tariffs on imports from India"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276828503.md"
description: "Shares of Indian solar companies, including Waaree Energies and Premier Energies, fell by 10% after the US imposed tariffs on imports from India. The US Commerce Department announced preliminary countervailing duties of approximately 126% on solar cell and panel imports, citing unfair government subsidies. Other companies like Vikram Solar and Waaree Renewable Technologies also experienced declines. This decision is part of a trade case initiated by the Alliance for American Solar Manufacturing, with a further ruling expected next month regarding pricing practices."
datetime: "2026-02-25T03:57:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276828503.md)
  - [en](https://longbridge.com/en/news/276828503.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276828503.md)
---

# Solar stocks crash: Waaree Energies, Premier Energies shares fall 10% after US imposes tariffs on imports from India

Shares of Indian solar and renewable energy companies fell in early trade on Wednesday, with Waaree Energies and Premier Energies hitting the lower circuits of 10 percent, after the US Commerce Department imposed steep tariffs on imports from India. The US imposes preliminary countervailing duties of about 126 percent on solar cell and panel imports from India, citing unfair government subsidies.

Premier Energies shares plunged 10 percent to Rs 699.4 soon after the opening bell, leading losses among solar stocks. Waaree Energies stock too fell 10 percent to Rs 2,721.2. Vikram Solar fell over 5 percent, while Waaree Renewable Technologies declined nearly 4 percent. Other names saw relatively modest moves. Borosil Renewables slipped 0.5 percent and Solex Energy was down nearly 2 percent.

The US decision marks the first of two determinations in a trade case filed by the Alliance for American Solar Manufacturing and Trade. The Commerce Department is due to issue a separate ruling next month on whether exporters sold products in the US below their production costs.

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