WAAREE ENERGIES: US Bill Threatens Waaree’s Solar Export Outlook
WAAREE ENERGIES: US Bill Threatens Waaree’s Solar Export Outlook ; Reports
US passes bill accelerating phase-out of clean energy investment/production tax credits.
Tightens FEOC compliance, potentially curbing utility and rooftop solar installations.
Waaree faces risk as 57% of its order book is US-based.
45X manufacturing tax credit remains till 2031—positive for Waaree’s US plant.
However, US export opportunity may shrink sooner than expected.
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