The matter remains subject to ongoing regulatory proceedings and the final outcome is expected over next few months, Waaree said in a stock exchange filing.
“During first nine months of FY2026, the company has continued to ramp up its deliveries for U.S. shipments despite the earlier imposition of 50 per cent duty on imports from India. This has been enabled by the alternate and diversified supply chains developed by the Company over the years. The Company’s diversified sourcing strategy remains a core strength, and it continues to further strengthen the same, including its announced investments in Oman aimed at securing fully traceable, non-Chinese polysilicon supply,” Waaree said.
In addition, the company said it has been progressively strengthening its U.S. based manufacturing footprints as part of its long-term strategy to support localized production and serve customers in the U.S. market.
As on date, Waaree said it has an aggregate U.S. module manufacturing capacity of approximately 2.6 GW, including capacity acquired pursuant to the acquisition of the Meyer Burger facility.
The company said it is in the process of further expanding its U.S. manufacturing capacity to approximately 4.2 GW by the end of FY27.
Waaree said it expects that its current and planned U.S. manufacturing capacity will substantially support its existing U.S. customer commitments.
The company said it remains committed to expanding localized manufacturing in the U.S. along with diversifying its supply chain across geographies to further strengthen our supply chain resilience.
At this stage, Waaree said it does not anticipate any material adverse impact on its ability to service its U.S. order book.
In a separate stock exchange filing, Premier Energies said it does not foresee any material adverse impact on its operations or financial position arising from the development.
