Waaree Energies Secures 600 MWp Solar Module Order

26 Nov 2024 , 07:37 PM

Waaree Energies Ltd. has bagged a significant order for 600 MWp solar modules from one of India’s leading renewable power project developers.

Its module order is likely to be supplied starting FY 2025-26 and comes out from its own exchange filing. This is the second order it has received since its listing on Dalal Street in October 2024.

Earlier this month, it said that it had secured another order for supplying 180 MWp solar modules to a renewable power developer. Beginning of the supply of 180 MWp order will be at the end of November 2024, while completion will be by Q4 FY 2025.

Waaree Energies is a giant in India’s solar energy sector. The company is into photovoltaic module manufacturing. Waaree’s installed manufacturing capacity as of June 30, 2023 is at 12 GW. The company has five manufacturing units in Surat, Tumb and Nandigram all located in Gujarat and Noida, Uttar Pradesh called the IndoSolar Facility.