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, […]
Waaree Energies files draft papers with Sebi to mop-up funds via IPO – EQ Mag Pro
New Delhi : Solar energy player Waaree Energies has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The issue comprises a fresh issue of equity shares aggregating to Rs 1,350 crore and an offer for sale (OFS) of 40,07,500 equity shares by existing shareholders and promoters, […]
Waaree supplies 1.52MW Solar Modules to Ecotech Engineering
Waaree Energies, India’s largest solar module manufacturer has Supplied 330Wp / 335Wp Solar modules for a project Developed by Ecotech Engineering Energy . The size of the project is 1.52 MW located at Modi Dairy, Shivbari, Bikaner, Rajasthan. The project was commissioned in January 2021 and giving good generation. This project was funded by Bank […]
Waaree supplies 2 MW Mono PERC Solar Modules for a project in Vietnam.
Waaree Energies, India’s largest solar module manufacturer has Supplied 385Wp Solar modules for a project Developed by DNA Solar Co. Ltd . The size of the project is 2 MW located in Nha Trang city, Khanh Hoa province, Vietnam. DNA Solar Co. Ltd- Director Mr Hai, said, he is extremely delighted with the association. The […]
Waaree Supplies 2MW Solar Modules to F.Robin Polymer
Waaree Energies, solar module manufacturer has Supplied 335 Wp Poly Solar modules for a project Developed by F.Robin Polymer Pvt Ltd. The size of the project is 2 MW located at Mallanampatti, Dindigul(Dt), TamilNadu. Waaree has supplied 2MW of solar modules for this prestigious project. The project was developed/ Commissioned on 13.01.2021. Waaree solar modules […]
Waaree supplies 28MW Solar Modules to Amp Energy India
Waaree Energies, India’s largest solar module manufacturer has supplied 330wp & 335wp Solar modules for a project Developed by Amp Energy. The project is 28MWp captive solar open access project in Uttar Pradesh. This is the FIRST CAPTIVE OPEN ACCESS PROJECT COMMISSIONED in Uttar Pradesh under the Uttar Pradesh Connectivity Auction. Waaree has supplied 28MW […]