Waaree Energies Ltd received an order to supply 105 MW of solar modules to a major renewable energy developer in India. The supply will be completed in FY 2025–26, reinforcing Waaree’s leadership in solar manufacturing.
Waaree Energies Ltd (WAAN.NS) announced that it has received a significant order to supply 105 MW of solar modules to a leading renewable energy developer in India. The order, finalized on January 8, 2026, marks another milestone for Waaree, India’s largest solar module manufacturer, in supporting the country’s ambitious clean energy targets.
Key Highlights
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Order Size: Waaree will deliver 105 MW of solar modules during FY 2025–26, strengthening its project pipeline.
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Customer Profile: The modules will be supplied to a major player engaged in owning, developing, and operating renewable energy projects across India.
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Strategic Importance: This deal underscores Waaree’s growing role in India’s renewable energy expansion, aligning with the government’s target of achieving 500 GW of non-fossil fuel capacity by 2030.
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Company Strength: Waaree Energies operates five manufacturing plants in India with a combined module capacity of 13.3 GW, making it one of the largest solar PV manufacturers in Asia.
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Market Impact: The announcement is expected to boost investor confidence, reflecting Waaree’s ability to secure large-scale contracts in a competitive sector.
This order highlights Waaree’s leadership in solar manufacturing and its contribution to India’s clean energy transition.
Sources: InvestyWise, ZeeBizZee Business, Machinist.in