Waaree Solar Americas signs share subscription agreement with polysilicon supplier United Solar Holdings
Waaree Solar Americas Inc. has entered into a share subscription agreement with United Solar Holdings Inc., a Cayman Islands-based polysilicon producer, to subscribe to around 5.37 million Series B preferred shares for about $30 million.
US energy storage shatters records with 58 GWh installed in 2025
The Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence say US battery installations reached a record 57.6 GWh in 2025, up 30% year on year, as the industry enters what they describe as a new phase of sustained, high-volume deployment.
Solar manufacturers downplay impact of US countervailing duties
Leading solar manufacturers say proposed US countervailing duties on Indian solar cells and modules are unlikely to materially impact their businesses.
U.S government sets preliminary countervailing duties on solar imports from India, Indonesia and Laos
The U.S. Department of Commerce has issued preliminary findings that solar manufacturers in India, Indonesia and Laos benefited from government subsidies, paving the way for countervailing duties of up to 143.30%.
US government withdraws defense of solar tariff pause
The US Department of Justice (DoJ) has withdrawn from defending the executive order that paused certain tariffs on imported solar components, leaving private industry groups and companies to continue the appeal. The withdrawal increases legal uncertainty over potential retroactive duties tied to imports from Cambodia, Malaysia, Thailand, and Vietnam.
Advait Greenergy signs MoUs for green hydrogen technology, storage, and EPC
Advait Greenergy has partnered with electrolyser technology providers Switzerland-based CENMAT and US-based Power to Hydrogen Inc. (P2H2), India-based EPC firm JESCO Projects, and hydrogen storage specialist VJ Industries to support the development of green hydrogen projects in India.
U.S.-India trade deal reduces solar tariffs
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
TOYO secures US polysilicon to navigate solar trade barriers
TOYO Co. Ltd. has signed a one-year supply contract with a US-based polysilicon producer to source domestically made material for its solar manufacturing plants in Ethiopia and Texas.
Massachusetts awards 1.3 GW in first large-scale energy storage tender
The US state of Massachusetts has selected four battery projects totaling 1.3 GW under its first major procurement round to meet a statutory target of 5 GW of energy storage by 2030.
“Waaree well positioned as trusted solar partner under Europe’s NZIA Regime”: Sunil Rathi
Waaree Energies is looking to deepen its presence in Europe as the European Union’s Net-Zero Industry Act (NZIA) reshapes solar procurement and curbs reliance on Chinese module suppliers. “As a listed, Tier-1, bankable manufacturer with a proven multi-gigawatt track record, we offer the scale and credibility European developers now prioritise,” says Sunil Rathi, executive director, Waaree Group.
