Waaree sells products such as solar modules and inverters. (Photo source: X/@waareegroup) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The US is investigating whether Waaree Energies Ltd., India’s largest solar panel maker, evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations.

US Customs and Border Protection has started a formal investigation of Waaree and Waaree Solar Americas Inc. and imposed interim measures because there is reasonable suspicion the company evaded duties when bringing merchandise into the US, according to a public notice by the agency obtained by Bloomberg News.

Waaree sells products such as solar modules and inverters. The company’s shares have more than doubled since its debut in Mumbai last O

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