India's Solar Manufacturers Slapped With 126% U.S. Tariff [Yahoo! Finance]
First Solar, Inc. (FSLR)
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Source: Yahoo! Finance
The U.S. Department of Commerce has imposed a 126% preliminary countervailing duty on Indian solar cells and modules, effectively closing off the lucrative U.S. market and exacerbating overcapacity issues for India's burgeoning solar sector. The levies follow a complaint by the Alliance for American Solar Manufacturing and Trade (AASMT), claiming that Indian firms benefited unfairly from government subsidies. AASMT, a coalition that includes U.S.-based First Solar (NASDAQ:FSLR) and Mission Solar as well as China's Hanwha Qcells , filed petitions in July 2025 alleging that solar imports from India, Indonesia, and Laos benefited from unfair government subsidies. More specifically, AASMT alleged that Indian solar firms received state support through various programs, including the Advance Authorisation Program, Duty Drawback Program and Export Promotion of Capital Goods (EPCG) Scheme. Major Indian solar stocks, including Adani Green Energy, Waaree Energies Premier Energies and Vikra
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FSLR
News
- First Solar (FSLR) had its price target lowered by Evercore Inc from $241.00 to $212.00.MarketBeat
- Jim Cramer on First Solar: “We Gotta Wait Another Quarter for That One” [Yahoo! Finance]Yahoo! Finance
- First Solar Expands US Manufacturing Footprint And Tests Long Term Demand [Yahoo! Finance]Yahoo! Finance
- First Solar (FSLR) had its "hold" rating reaffirmed by Glj Research. They now have a $207.82 price target on the stock, down from $314.43.MarketBeat
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Solar, Inc. - FSLRGlobeNewswire
FSLR
Earnings
- 2/24/26 - Miss
FSLR
Sec Filings
- 3/4/26 - Form 144
- 3/4/26 - Form 144
- 3/4/26 - Form 144
- FSLR's page on the SEC website