Waaree Energies’ wholly owned subsidiary -- Waaree Forever Energies (WFEPL) has received Letter of Award (LoA) from Solar Energy Corporation of India (SECI). The LoA is for the development of 700 MW Solar and 700 MW/2800 MWh energy storage solution (ESS) renewable energy power project in Solapur, Maharashtra.
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.