Waaree Energies Ltd

Waaree Energies Limited secures an order to supply 2 GW of solar modules valued at an undisclosed amount

21 Sept 2026

Waaree Energies Limited announced it has secured an order on September 21, 2026, to supply 2 GW of solar modules from a leading domestic solar developer. The order, a one-time arrangement, will be fulfilled over the financial years 2026-27 and 2027-28, with the commercial consideration reflecting the supply of the 2 GW of solar modules. The company noted that neither the promoter group nor any group companies have any interest in the entity awarding the order, and the transaction does not constitute a related party transaction.

Waaree Energies secures a 700 MW solar and 700 MW/2800 MWh ESS project from SECI in Maharashtra

28 Aug 2026

Waaree Energies Ltd. announced that its wholly-owned subsidiary, Waaree Forever Energies Private Limited, has received a Letter of Award (LOA) on August 27, 2026, from Solar Energy Corporation of India Limited (SECI) for the development of a 700 MW Solar and 700 MW/2800 MWh Energy Storage Solution (ESS) Renewable Energy Power Project in Solapur, Maharashtra. The project, awarded by a domestic entity, involves a one-time order with a Power Purchase Agreement valid for 25 years from the scheduled commencement of supply date, and the company confirmed that neither promoters nor group companies have any interest in SECI, and the order does not constitute a related party transaction.

Waaree Energies Ltd. secures order for 739.71 MW solar modules supply from a domestic renewable energy provider

1 Aug 2026

Waaree Energies Ltd. announced today, August 01, 2026, that it has secured an order for the supply of 739.71 MW of solar modules from a leading domestic renewable energy solutions provider. The order, a one-time contract, will be fulfilled over the fiscal years 2026-27 and 2027-28, with the commercial consideration reflecting the supply of the aforementioned solar modules. The company confirmed that neither promoters, promoter groups, nor group companies have any interest in the entity awarding the order, and the transaction does not constitute a related party transaction.

Waaree Energies secures order for 212 MW solar modules

17 Jul 2026

Waaree Energies announced that it has received an international order to supply 212 MW of solar modules from a renowned customer that owns and manages utility-scale renewable power projects.

The latest order is incremental to the existing 350 MW order received from the same customer, taking the total order capacity to 562 MW. The supply of the 212 MW solar modules is scheduled for execution during FY2026-27. The company said the order does not constitute a related-party transaction. It also clarified that neither its promoters nor members of the promoter group have any interest in the award of the contract. Mumbai-based Waaree Energies is a renewable energy company. It offers innovative solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems. On a consolidated basis, the company reported a 71.4% YoY jump in net profit to Rs 1,061.10 crore in Q4 FY26, compared with Rs 618.91 crore in the same quarter last year. Revenue from operations surged 111.8% YoY to Rs 8,480.25 crore for the quarter ended 31 March 2026. Shares of Waaree Energies rose 0.17% to Rs 2,835 on the BSE. Powered by Capital Market - Live News

Waaree Energies' arm secures order for supply of 236.22 MW solar modules

30 Jun 2026

Waaree Energies announced that its wholly-owned subsidiary, Waaree Solar Americas Inc., has secured an order to supply 236.22 MW of solar modules.

According to the company's exchange filing, Waaree Solar Americas Inc. received the one-time order from a renowned customer that develops and manages sustainable infrastructure solutions, particularly in the renewable energy sector. The contract involves the supply of 236.22 MW solar modules, with deliveries scheduled during the first and second quarters of FY2027-28. The company said the order has been awarded by an international entity and is not a related-party transaction. Neither the promoter nor the promoter group has any interest in the customer. Separately, Waaree Energies clarified that a recent determination by the U.S. Customs and Border Protection (CBP) has no impact on its ongoing manufacturing, customer deliveries or commercial operations. The company said the findings were limited to a narrow subset of historical import entries and did not conclude that it had exported solar modules made using Chinese-origin solar cells to the United States. Waaree added that the CBP acknowledged its full cooperation, drew no adverse inference against the company and declined to make an evasion finding covering all of its imports. It also said the determination is not final and that it is evaluating available legal remedies. A domestic brokerage retained its 'Add' rating on the stock with a target price of Rs 3,185, saying the downside appears limited as the findings were restricted to certain historical import entries and did not affect the company's ongoing U.S. operations. Mumbai-based Waaree Energies is a renewable energy company. It offers innovative solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems. On a consolidated basis, the company reported a 71.4% YoY jump in net profit to Rs 1,061.10 crore in Q4 FY26, compared with Rs 618.91 crore in the same quarter last year. Revenue from operations surged 111.8% YoY to Rs 8,480.25 crore for the quarter ended 31 March 2026. Shares of Waaree Energies rose 0.26% to Rs 2,893.75 on the BSE. Powered by Capital Market - Live News