Solar Company Receives Orders for Supply of 210 MW DCR and 2000 MW Solar Modules

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Solar Company Receives Orders for Supply of 210 MW DCR and 2000 MW Solar Modules

The stock is up by 44 per cent from its 52-week low of Rs 1,808.65 per share.

Waaree Energies Limited and its subsidiary have secured two significant one-time contracts for the supply of Solar modules to major renewable energy players. On the domestic front, the company received an order to supply 210 MW DCR solar modules to a prominent Indian developer and operator of renewable projects, with delivery scheduled for FY 2026-27.

Simultaneously, the company’s subsidiary, Waaree Solar Americas Inc., has bagged a massive international order for 2000 MW of solar modules. This contract, awarded by a leading utility-scale solar and energy storage developer in the United States, is set to be fulfilled between 2028 and 2030. These orders underscore Waaree’s growing influence in both the Indian and North American green energy markets.

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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 73,000 crore. As of September 30, 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 44 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.