Enerparc Energy Limited has announced the commissioning of a 3.8 MW solar project. This project, carried out in partnership with Waaree Energies Limited, from January 2023 to October 2023, covered various sites across India.
In August 2023, Waaree Energies Limited raised Rs 10 billion in its second round of equity funding led by ValueQuest. The funding would be used for the expansion of another 6 GW of capacity which would be utilised for the production of cells, wafers, modules and solar ingots.
In July 2023, Waaree Renewable Technologies Limited announced that it commissioned 87.5 MW/122.5 MWp out of 150 MW/210 MWp EPC solar power project for UPC Renewable Energy Private Limited’s subsidiary Masaya Solar Energy Private Limited in the Khandwa district of Madhya Pradesh.
In October 2022, Waaree Energies Limited raised Rs 10 billion in primary funding from a variety of investors. The promoters took part in this equity raise at the same price.