In Short : Waaree Energies Ltd has agreed to acquire Enel Green Power India for ₹792 crore. Enel’s Indian arm operates 640 MW of solar and wind projects, with a 2.5 GW project pipeline. This acquisition will diversify Waaree’s revenue, strengthen its wind energy capabilities, and boost its Independent Power Producer business. Completion is expected […]
Waaree Energies commences trial production at solar cell manufacturing unit in Gujarat – EQ
In Short : Waaree Energies, a prominent player in the renewable energy sector, has commenced trial production at its new solar cell manufacturing unit in Gujarat. This facility marks a significant milestone in boosting domestic solar manufacturing capabilities in India. The unit is expected to enhance the production of high-efficiency solar cells, supporting the country’s […]
Waaree Plans ₹8,000 Crore Solar Manufacturing Hub in Nagpur – EQ
In Short : Waaree Energies is seeking 500 acres in Nagpur to establish a ₹8,000 crore solar manufacturing plant. This facility aims to boost solar panel production capacity, supporting India’s renewable energy goals. The project is expected to create significant local employment opportunities and contribute to Maharashtra’s position as a hub for clean energy innovation […]
Waaree Energies secures 150 MWp solar modules order for renewable project – EQ
In Short : Waaree Energies has secured a 150 MWp solar module order for a major renewable energy project. The order reflects strong demand for solar power and contributes to India’s renewable energy expansion. This aligns with the country’s goal of achieving 50% non-fossil fuel power generation by 2030, reinforcing Waaree’s role in advancing India’s […]
Waaree Bags 2 GW Solar Project in Bikaner – EQ
In Short : Waaree Energies has secured a 2 GW solar power project in Bikaner, Rajasthan, marking a significant milestone in India’s renewable energy journey. The project will contribute to India’s ambitious solar capacity goals and foster clean energy adoption. Waaree’s achievement underscores its leadership in the solar industry and commitment to sustainable development. In […]
Waaree Energies board approves investment proposals worth Rs 850 crore – EQ
In Short : Waaree Energies Ltd has approved investment proposals worth ₹850 crore to expand its renewable energy manufacturing capabilities. This includes ₹551 crore for a 300 MW electrolyser plant, ₹200 crore for storage cell production, and ₹130 crore for its inverter business. These investments aim to strengthen Waaree’s position in the clean energy sector […]
Waaree Energies begins trial production at Texas solar facility, plans $1 billion investment – EQ
In Short : Waaree Energies has commenced trial production at its solar manufacturing facility in Texas, marking a significant step in its global expansion. The company plans to invest $1 billion to enhance solar panel production capacity, catering to rising demand for renewable energy solutions. This initiative underscores Waaree’s commitment to sustainability and strengthening the […]
Waaree Energies gets 400 MW module supply orders – EQ
In Short : Waaree Energies has received orders for the supply of 400 MW of solar modules, marking a significant milestone in the company’s growth. These orders will support various large-scale renewable energy projects, enhancing Waaree’s role in India’s solar energy sector. The supply will help meet the growing demand for solar power and contribute […]
Waaree Energies secures 398 MW solar orders for key renewable project – EQ
In Short : Waaree Energies has secured 398 MW solar orders for a major renewable energy project. The orders involve the supply of high-efficiency solar modules, further strengthening Waaree’s position as a leading player in the solar industry. This development underscores the company’s contribution to advancing India’s renewable energy capacity and achieving its sustainability targets. […]
Waaree Energies secures 1 GW solar PV module supply order – EQ
In Short : Waaree Energies, India’s leading solar module manufacturer, has secured a significant order to supply 1 GW of advanced TOPCon 580W bifacial glass photovoltaic (PV) modules to a domestic renewable energy developer. Deliveries are scheduled for fiscal years 2025 and 2026. This deal underscores Waaree’s growing role in India’s renewable energy sector, supported […]