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The U.S. has imposed massive duties of up to 3,521% on solar equipment imported from Cambodia, Vietnam, Malaysia, and Thailand.
These components—solar panels, cells, modules, and inverters—are essential to powering homes, businesses, and grids with clean energy. The penalties come from an ongoing probe into claims that Southeast Asian exporters were dumping ultra-cheap solar gear into the U.S. market, undercutting local manufacturers.
Here’s the damage:
- Cambodia: 3,521%
- Vietnam: up to 395.9%
- Thailand: 375.2%
- Malaysia: 34.4%
Even big Chinese companies like Jinko Solar, Trina Solar, and JA Solar are caught in the crossfire.
Why it matters: with these tariffs, India has a golden window to become a key alternative supplier of the solar equipment.
U.S. buyers will now look for cheaper, tariff-free solar equipment sources and India, with its growing solar manufacturing base, fits the bill.
Players like Waaree, Vikram Solar, and Premier Energies could gain from increased exports, higher utilisation, and global visibility—aligning perfectly with India’s solar ambitions.
Worth noting: India’s domestic solar market is on fire too. India recently crossed 100 GW of installed solar capacity, a major milestone in its clean energy journey.
That includes utility-scale projects, rooftop solar, and off-grid systems—cementing India’s position as one of the fastest-growing solar markets globally.
