The mild recovery in solar stocks today follows clearer interpretation of the US Commerce Department’s decision to impose preliminary countervailing duties of about 126 percent. Brokerages played down the earnings impact and reiterated largely positive views on frontline names such as Waaree Energies and Premier Energies.
Analysts said that while the development is sentimentally negative and could disrupt export flows in the near term, the direct earnings impact on most companies appears limited.
Around 40 GW of renewable energy capacity is stuck due to lack of power purchase agreements or absence of adequate transmission infrastructure to evacuate power
Waaree Energies clarified that the US countervailing duties apply only to India-made solar cells, not to panels assembled in India using imported cells. However, despite the pullback from session lows, frontline stocks such as Waaree Energies and Premier Energies still ended with sharp cuts of 5-10 percent.
The sharp selling in Indian solar stocks followed a decision by the US Commerce Department to levy preliminary countervailing duties of about 126 percent on solar cell and panel imports from India.Waaree Energies and Premier Energies shares fell up to 15 percent in morning trade.
A blimp-like turbine rising 6,560 feet above China has generated electricity from powerful high-altitude winds, hinting at a new frontier in renewable energy that could reshape crowded cities.
Hero Future Energies has a global portfolio of 7.2 gigawatts (GW) of renewable energy and 2.3 GW of BESS (battery energy storage system) assets across India, Ukraine, Vietnam, and UK comprising operating or under-construction projects.
The company said its reliance on APM gas has declined and that it is prepared for further reduction in domestic gas allocations.
In the previous Union Budget, the National Green Hydrogen Mission had received an allocation of Rs 600 crore, with funds directed towards pilot projects, electrolyser manufacturing, demand-side incentives and research and development.
As reported by Moneycontrol on January 13, the Pradhan Mantri Surya Ghar: Muft Bijli Yojana received an allocation of Rs 22,000 crore in Budget 2026, up from Rs 20,000 crore in the budget estimates of previous year, marking an increase of Rs 10 percent.
India’s Budget 2026 places a ₹20,000 crore bet on carbon capture technologies, signalling a quiet shift in how heavy industries may cut emissions while reshaping future climate and industrial strategies.
PLI push helps ReNew cut China dependence; three-year-old manufacturing arm turns profitable
Maharashtra, Odisha and Andhra Pradesh emerge as key hubs as states drive India’s pumped hydro expansion.
New Delhi looks to Oman as a gateway market for solar modules, green hydrogen and derivatives under the India–Oman CEPA amid a slowdown in US-bound exports.
In the current fiscal there’s been a slowdown in RE project bidding as the supporting ecosystem is not yet ready. Budget should address this challenge
India’s thermal share set to fall below 70% as demand cools, renewables surge.
The buyout mechanism will allow DISCOMs, captive power producers and open-access consumers to meet their green energy mandates by paying a prescribed charge instead of procuring renewable energy or Renewable Energy Certificates
AM Green’s $10-billion green ammonia project will be commissioned in phases through 2030
India aims to add 500 GW of non-fossil capacity by 2030, but delays in project execution and transmission constraints have emerged as major hurdles
Union power minister Manohar Lal Khattar said the sector is emerging as one of the largest long-term investment opportunities as electricity demand rises alongside economic growth.
After a year of record renewable capacity additions and low solar-plus-storage tariffs, industry and experts want Budget 2026 to focus on manufacturing depth, hydrogen demand creation and execution-led rooftop solar.
Budget focus on rooftop solar scale-up and grid readiness as govt targets faster clean energy rollout.
Sharing a broadly optimistic view, Kaynat Chainwala, Research Analyst at Kotak Securities, said the positive outlook is not limited to aluminium alone.
The United States joined the India-led International Solar Alliance as its 101st member in November 2021, with the announcement made by then US Special Presidential Envoy for Climate John Kerry at the COP26 climate summit.
Government to delink solar PV waste from e-waste rules, push panel reuse and centralised storage from 2029.