Waaree Energies Ltd has set up Hydro Bloom Energy Private Limited as a wholly-owned subsidiary under Waaree Forever Energies. Incorporated on December 18, 2025, the new entity will focus on Independent Power Producer (IPP) projects, marking a strategic diversification into hydro and hybrid energy solutions.
India’s leading solar module manufacturer, Waaree Energies, has expanded its renewable footprint with the incorporation of Hydro Bloom Energy. The subsidiary is designed to facilitate specific power projects under the IPP framework, enabling Waaree to diversify beyond solar manufacturing. This move reflects the company’s ambition to capture new opportunities in India’s evolving energy landscape, where demand for sustainable and flexible power generation is rising. By creating Hydro Bloom Energy, Waaree strengthens its long-term growth trajectory and reinforces its leadership in clean energy innovation.
Key highlights
• Hydro Bloom Energy incorporated on December 18, 2025, as a wholly-owned subsidiary
• Established under Waaree Forever Energies Private Limited
• Focus on Independent Power Producer (IPP) projects for renewable expansion
• Strategic diversification into hydro and hybrid energy solutions
• Move aligns with India’s push for sustainable and flexible power generation
Industry impact
The incorporation of Hydro Bloom Energy positions Waaree Energies to play a larger role in India’s renewable transition, consolidating its leadership in clean energy innovation.
Sources: InvestyWise, ScanX News, CNBC Awaaz