Hybrid Energy Boost: Waaree Secures Major Order, Lights Up Growth Prospects

Waaree Technologies Ltd's latest order for a 20 kWh hybrid system with 35.84 kWh capacity indicates the company's continued growth in renewable energy solutions. Although information on this specific order is not available, Waaree Group has been aggressively growing in the solar and energy storage industries. The Q3 FY 2025 financials of the company reflect a 260% rise in net profit at ₹5.07 billion, following solid sales of modules. Waaree has in its order book projects amounting to 26.5 GW capacity value of ₹500 billion. The company is also planning to start the production of TOPCon cells in April 2025, further establishing itself in the solar manufacturing sector.

 

Source: Mercom India, Saurenergy