Waaree Renewable Technologies Limited (Waaree) has inked a binding term sheet to acquire around a 55 per cent stake in Associated Power Structures Limited. The transaction is valued at approximately Rs 12.25 billion and includes […]
Waaree Energies Limited has started production at its 1.8 GW solar module manufacturing facility in Chikhli, Gujarat. The facility increases Waaree’s total installed module production capacity to 16.8 GW per year. Furthermore, the company also […]
Waaree Solar Americas, a wholly owned US subsidiary of Waaree Energies Limited, has inked a 586 MW solar module supply agreement with a US-based independent power producer. The project is valued at $176 million. The […]
Founded in 1990 and headquartered in Mumbai, Waaree Energies Limited has become the leading manufacturer of solar photovoltaic (PV) modules in India, with an aggregate installed capacity of over 13 GW across four facilities in […]
The year 2024 witnessed several interesting developments in India’s renewable energy sector, leading to continued expansion of developers’ and manufacturers’ portfolios. The growing traction and demand for round-the-clock (RTC) and quality renewables have resulted in […]
The past year saw several leadership changes at both the ministerial level and in prominent public and private renewable energy companies. New ministers have taken charge at the Ministry of New and Renewable Energy (MNRE) […]
Waaree Renewable Technologies Limited (WRTL), the Solar engineering, procurement and construction (EPC) division of Waaree Group, has released its unaudited financial results for the second quarter and half-year ending September 30, 2024. The company reported […]
Waaree Renewable Technologies Limited (WRTL) has announced a profit of Rs 281.6 million for the first quarter of the financial year 2024-25. They experienced a year-on-year (YoY) growth of 208.51 per cent. Their revenues saw […]
Waaree Renewable Technologies Limited has received repeat engineering, procurement and construction (EPC) order from ISMT Limited for ground-mounted solar power project of 30 MWp DC capacity. The project will be located in Helas village of […]
Waaree Renewable Energy Technologies Limited has received a letter of award (LoA) worth Rs 652.2 million for engineering, procurement and construction (EPC) of a 26.4 MWp solar power project. The project has been awarded by […]
Waaree Renewable Technologies, the solar EPC division of Waaree Group, has announced revenue of Rs 8.76 billion for the fiscal year (FY) 2023-24, marking a year-on-year (YoY) increase of 149.73 per cent. The company’s net […]
Waaree Energies, an Indian energy solutions provider, is planning to build a new solar PV module manufacturing facility in Texas, US. The facility will be located in Brookshire and is projected to have an initial […]
The domestic solar manufacturing industry has received a major fillip in the past two years, partly due to supply chain issues during the pandemic and various government initiatives. This has led to a flurry of […]
Waaree Renewable Technologies Limited (WRTL) has secured an engineering, procurement, and construction (EPC) contract for 6.5 MWp (DC) / 5 MW (AC) solar power project for energy arm of India’s leading steel and power conglomerate […]
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