MoneyWorks4Me

Waaree Energies’ arm receives order worth $176 million

29 May 2025 Evaluate

Waaree Energies’ wholly owned subsidiary -- Waaree Solar Americas has received an order on May 28, 2025 for supply of 586 MW solar modules for an amount of $176 million from a renowned customer who is a developer and owner operator of utility scale solar and energy storage projects across the United States. The supply of modules is scheduled to commence from the Financial Year 2026-27.

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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