India's Waaree Energies under US probe for evading solar tariff duties, Bloomberg News reports

Core Insights - The U.S. Customs and Border Protection is investigating Waaree Energies, an Indian solar panel manufacturer, and its American subsidiary for potential evasion of anti-dumping and countervailing duties on solar cells imported from China and other Southeast Asian countries [1] Company Summary - Waaree Energies is under scrutiny for possible violations related to U.S. trade laws concerning solar cell imports [1] - The investigation may have implications for Waaree Energies' operations and market position in the U.S. solar industry [1] Industry Summary - The probe highlights ongoing tensions in the solar industry regarding trade practices and compliance with anti-dumping measures [1] - The outcome of this investigation could impact the competitive landscape for solar panel manufacturers operating in the U.S. market [1]