The news that US authorities had slapped countervailing duties on solar imports from India, citing unfair government subsidies, left investors jittery. For Waaree Energies Ltd, given 30-35% revenue-share from exports and US manufacturing, fears around export viability and margin erosion took center stage. The stock plunged 10.4% on Wednesday, recovering less than 1% on Thursday….
Waaree Energies Share Price Update: Tremendous action is being seen today in the shares of solar energy giant Waaree Energies. Shares of solar energy giant Waaree Energies saw a huge rise on Thursday (January 22). The company’s shares jumped 12% to ₹2713. The main reason for this rise is the excellent results of the third…
China’s solar exports are no exception. They enjoy rebates that translate to discounts of 9-13%, according to Arihant Capital. But now, concerns around profitability and domestic self-sufficiency have taken center stage. China announced on 9 January that its rebates on photovoltaic products would be removed, and those on batteries would be cut from 9% to…
