Renewable Equipments – Sector Update – Negligible CVD impact on Indian manufacturers
Published on 26 Feb 2026
On 24th Feb’26, the US Department of Commerce announced preliminary countervailing duties on crystalline silicon photovoltaic cells imported from India, Indonesia and Laos. CVD has been increased to 126% on solar cells manufactured in India; earlier, this was reduced to 18%, from 50%, under the US-India trade deal. Final determination of CVD investigations is scheduled to be issued on 6th Jul’26.
Though the US solar market remains volatile amid ongoing tariff wars and global uncertainty, the CVD does not appear to have a material impact on Indian module manufacturers.
