Solar panel maker Waaree Energies is in talks with HNIs and family offices to raise ₹1,000 crore at a valuation of ₹13,000 crore to part-finance its capital expenditure plans, people aware of the development said. “The fundraising is aimed at tying up the financial requirements for its ₹8,000-crore capex plan which will see Waaree set […]
Boundless Environment adopts sustainable energy solutions – EQ Mag Pro
A leader in specialized solutions related to renewable energy & wastewater management. A fully integrated EPC company working on a turnkey basis providing end to end handling of all engineering requirements by Utilizing the latest technology, applying proven engineering processes and leveraging a strong network of international and domestic contacts and we provide a wealth […]
Vibgyor Energy sets up 1.5MW solar power plant in Jammu – EQ Mag Pro
Vibgyor Energy, a vertically integrated company with an aim to serve industrial, commercial, institutional consumers to help them mitigate escalating grid power costs through solar power plants. Being a complete solar solution provider, we provide end to end solution from Site Survey, Pre-feasibility study, Design, Engineering, Construction along with Operation & Maintenance for the life […]
Goldi Solar, Waaree Energies keen to participate in PLI scheme for solar PV modules – EQ Mag Pro
Green energy companies Goldi Solar and Waaree Energies are keen to participate in the government’s production linked incentive scheme for manufacturing solar PV modules. Last week, MNRE Secretary Indu Shekhar Chaturvedi said the proposals under the second phase of the Rs 19,500-crore production linked incentive (PLI-II) scheme for solar sector will be invited within a […]
WAAREE Energies offers the biggest freedom sale through their first-of-its-kind e-commerce store in the solar sector – EQ Mag Pro
The sale is scheduled to start on October 14, 2022, offering a plethora of Waaree products at a lucrative price Mumbai : WAAREE Energies, India’s largest solar panel manufacturer, announced dates for its upcoming Freedom Sale, which will go live on their official website https://shop.waaree.com i.e., the only online store in India offering a comprehensive […]
Waaree Energies catapults India’s green energy sector through INR 1000 Crores funding from private funding – EQ Mag Pro
The funding is raised through private investors from the HNI segment and private offices Mumbai : Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around INR 1000 crore from various investors through primary funding. The Promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion […]
Waaree Energies gets NCLT approval to acquire Indosolar – EQ Mag Pro
“Waaree Energies Ltd has received the approval from the National Company Law Tribunal, Delhi Bench (NCLT) on April 21, 2022, for the resolution plan submitted by it towards the acquisition of Indosolar Ltd, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders of Indosolar Ltd under the Insolvency […]
WAAREE Energies bags new orders worth USD 2.37 billion – EQ Mag Pro
India’s Leading Solar Panel Manufacturer has secured new orders aggregating USD 2.37 billion from Indian and International customers Mumbai: Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply […]
Waaree Energies gets Sebi’s nod to float IPO – EQ Mag Pro
Non-banking financial company Five Star Business Finance and solar energy player Waaree Energies have received capital markets regulator Sebi’s go-ahead to raise funds through initial share-sales. The two companies, which filed their preliminary IPO documents with Sebi between September and November, obtained its “observations” letter during January 3-7, an update with the regulator showed on […]
Vivek Srivastava joins Waaree Energies as chief executive officer – EQ Mag Pro
He was previously associated with Reliance BP Mobility as the senior vice-president New Delhi : Waaree Energies, a solar module manufacturer, on Thursday said it has appointed Vivek Srivastava as its chief executive officer (CEO) with effect from 30 August, 2021. According to the company press release, Srivastava is currently responsible for setting strategic goals, […]