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Waaree Energies has secured an order for supply of solar modules for 362.5 Mwp from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India. The supply of modules is scheduled to commence in FY 2025-26.

Earlier, the company’s wholly owned subsidiary -- Waaree Clean Energy Solutions had received a Notification of Award (NoA) from the Solar Energy Corporation of India (SECI) for setting up a production facility of 90,000 MT/Annum for Green Hydrogen in India under the strategic interventions for Green Hydrogen Transitions (SIGHT) Scheme (Model-1, Tranche-II).

Waaree Energies is primarily engaged in the business of manufacture of Solar Photo-voltaic Modules, setting up of Projects in solar space and sale of electricity.


Peers
Company Name CMP
Waaree Energies 2483.00
Apar Industries 17809.25
Havells India 1091.00
Suzlon Energy 40.74
Siemens 3852.65
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