Waaree Energies invests Rs 3 billion in WESSPL

Waaree Energies Limited has infused Rs 3 billion into its wholly-owned subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL), via a rights issue. WESSPL was founded to develop a 3.5 GWh lithium-ion battery cell manufacturing facility, which is scheduled to be commissioned by 2026–27.

Earlier in August 2025, Waaree Energies Limited started production at its 1.8 GW solar module manufacturing facility in Chikhli, Gujarat. 

Furthermore, in April 2025, Waaree Energies Limited inaugurated a 5.4 GW solar cell manufacturing facility in Chikhli, Gujarat. 

Additionally, in February 2025, Waaree Energies Limited secured an order to supply 410 MW of solar modules to Aditya Birla Renewables’ subsidiary, Aditya Birla Renewables EPC Limited.