Rs 47,000 crore order book: Solar company receives order for supply of 288-MW solar modules!
DSIJ Intelligence-1 / 05 Dec 2025/ Categories: Mindshare, Trending
The stock is up by 66 per cent from its 52-week low of Rs 1,808.65 per share.
Waaree Energies Limited's wholly-owned subsidiary, Waaree Solar Americas, has secured a significant international order for the supply of 288 MW of solar modules. The order, received from a renowned customer engaged in owning, developing, and operating renewable power projects in the USA, is a one-time contract. The solar modules are scheduled for supply during the Financial Year 2026-27, further expanding Waaree's presence in the United States utility-scale solar and energy storage market.
About the Company
Waaree Energies Limited, an Indian solar energy company, has been a significant player in the global solar industry since its inception in 1990. With an aggregate installed capacity of 15 GW, the company is India's largest manufacturer and exporter of solar PV modules. Waaree's product portfolio includes a diverse range of solar solutions, such as multicrystalline, monocrystalline, and advanced TOPCon modules. The company operates 5 manufacturing facilities in India. Waaree is expanding its facilities to reach 21 GW by 2027, including backwards integration into solar cells, ingot and wafer production.
The company has a market cap of over Rs 80,000 crore. As of March 31, 2025, Waaree Energies Limited boasts a substantial Rs 47,000 Order Book for solar PV modules, including domestic, export, and franchisee orders. The stock is up by 66 per cent from its 52-week low of Rs 1,808.65 per share.
Disclaimer: The article is for informational purposes only and not investment advice.