Waaree Energies Announces International Order for 150 MW of Solar Modules

Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited, has secured a significant one-time international order for the supply of 150 MW of solar modules. Announced on February 4, 2026, the contract was awarded by a prominent global solar power developer and Independent Power Producer. Under the terms of the agreement, the delivery of these modules is scheduled to take place across 2026 and 2027, marking a notable addition to the company's export portfolio and its operational footprint in the American renewable energy 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 88,000 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 73 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.