Waaree Energies Secures Major Solar Module Orders Worth 210 MW for India and 2000 MW for USA

Waaree Energies Limited has announced securing two major solar module supply orders on January 19, 2026, marking significant expansion in both domestic and international markets. The company received orders totaling 210 MW for India and 2000 MW for the United States, demonstrating strong demand for its solar technology solutions.

Order Details and Market Reach

The company disclosed receiving these orders through a regulatory filing under SEBI Listing Regulations. The domestic order involves supply of 210 MW DCR solar modules to a renowned customer engaged in owning, developing and operating renewable power projects in India. Simultaneously, Waaree Solar Americas Inc., the company's wholly owned subsidiary, secured an order for 2000 MW solar modules from a prominent US-based developer and owner-operator of utility scale solar and energy storage projects.

Order Parameter:	India Order	USA Order
Capacity:	210 MW DCR	2000 MW
Entity:	Waaree Energies Limited	Waaree Solar Americas Inc.
Customer Type:	Renewable power project developer	Utility scale solar developer
Delivery Timeline:	Financial Year 2026-27	2028 to 2030

Contract Specifications

Both orders represent one-time contracts for solar module supply, with distinct delivery schedules tailored to each market's requirements. The Indian order focuses on DCR (Domestic Content Requirement) compliant modules, reflecting the company's alignment with local manufacturing policies. The US order spans a longer timeline from 2028 to 2030, indicating a structured supply arrangement for the American market.

Regulatory Compliance and Transparency

The company confirmed that neither order involves related party transactions, ensuring arm's length dealings with customers. The disclosure reveals no promoter or group company interest in the entities awarding these contracts, maintaining transparency in business operations.

Compliance Parameter:	Details
Contract Nature:	One-time supply agreements
Entity Classification:	Domestic and International
Related Party Transaction:	No
Promoter Interest:	None

Strategic Market Positioning

These orders reinforce Waaree Energies' position across key solar markets, with the Indian order supporting domestic renewable energy expansion and the US order establishing long-term presence in the American utility-scale solar segment. The company's ability to secure substantial orders in both markets demonstrates its manufacturing capabilities and market credibility.

The announcement was made through proper regulatory channels, with the information being made available on the company's website, ensuring comprehensive stakeholder communication and regulatory compliance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.31%	+0.61%	-12.29%	-22.19%	-3.33%	+9.46%

Waaree Energies has announced securing significant orders for solar modules, marking a major milestone for the renewable energy company. The company received two substantial orders that collectively demonstrate strong market demand for its solar energy solutions.

Order Details

The company's recent order wins showcase its diversified product portfolio and market reach:

Order Type:	Capacity	Details
DCR Solar Modules:	210 MW	Domestic Content Requirement compliant
Solar Modules:	2,000 MW	Standard solar module order
Total Capacity:	2,210 MW	Combined order value

DCR Solar Module Order

Waaree Energies secured an order for 210 MW DCR solar modules, which are specifically designed to meet Domestic Content Requirement norms. DCR compliance is crucial for solar projects that seek to benefit from government incentives and policies promoting domestic manufacturing in India's solar sector. This order demonstrates the company's capability to manufacture products that align with regulatory requirements while maintaining quality standards.

Major Solar Module Contract

In addition to the DCR order, Waaree Energies received a substantial order for 2,000 MW solar modules. This large-scale order reflects the company's manufacturing capacity and its ability to handle significant volume requirements from clients. The order represents a considerable portion of solar module capacity and indicates strong confidence from customers in Waaree Energies' product quality and delivery capabilities.

Market Position

These orders collectively total 2,210 MW of solar module capacity, positioning Waaree Energies as a key player in India's renewable energy sector. The combination of DCR-compliant modules and standard solar modules demonstrates the company's versatility in meeting diverse market requirements. The orders reflect the growing demand for solar energy solutions in India and the company's ability to capitalize on market opportunities.

The announcement underscores Waaree Energies' strong order book and its role in supporting India's renewable energy objectives through domestic manufacturing capabilities.