Rs 60,000 Crore Order Book: Solar Company Receives Domestic Order for Supply of 500 MW Solar Modules

Waaree Energies Limited has secured a significant domestic order for the supply of 500 MW of Solar modules from a prominent solar power developer and Independent Power Producer. This one-time contract, finalised on February 23, 2026, mandates the delivery of the modules within the 2026-27 fiscal year. This substantial engagement underscores the company's role in supporting large-scale renewable energy infrastructure and highlights its continued momentum in the domestic solar manufacturing sector as it fulfils the capacity requirements of major power producers.

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 87,000 crore. As of December 31, 2025, Waaree Energies Limited boasts a substantial Rs 60,000 Order Book for solar PV modules, including domestic, export and franchisee orders. The stock is up by 67 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.