Waaree Energies Secures Massive 452MW Solar Module Supply Order for US Market

1 min read     Updated on 26 Aug 2025, 01:50 PM
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Overview

Waaree Energies' subsidiary, Waaree Solar Americas, has received an order for 452MW of solar modules from a prominent US-based developer. The supply will be delivered over FY 2025-26 and FY 2026-27. This order marks a significant step in Waaree's international expansion, particularly in the competitive US market. The company has also announced upcoming investor interactions, including participation in the Motilal Oswal Annual Global Investor Conference and a plant visit for investors.

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*this image is generated using AI for illustrative purposes only.

Waaree Energies Limited , a prominent player in the solar energy sector, has announced a significant milestone in its international expansion efforts. The company's wholly-owned subsidiary, Waaree Solar Americas, has secured a substantial order for the supply of 452MW of solar modules to a renowned customer in the United States.

Order Details

The order, received on August 26, 2025, comes from a well-established developer and owner-operator of utility-scale solar and energy storage projects across the United States. This development marks a significant step for Waaree Energies in strengthening its foothold in the American renewable energy market.

Supply Timeline and Scope

According to the company's disclosure to the stock exchanges, the supply of the 452MW solar modules is scheduled to take place over two financial years:

  • Financial Year 2025-26
  • Financial Year 2026-27

This extended timeline suggests a large-scale, phased implementation of solar projects by the US-based customer.

Strategic Importance

The order is particularly noteworthy for several reasons:

  1. International Expansion: It underscores Waaree Energies' growing presence in the international market, particularly in the United States, which is one of the world's largest and most competitive solar markets.

  2. Product Quality: The selection by a renowned US-based developer speaks to the quality and reliability of Waaree's solar modules, meeting the stringent standards of the American market.

  3. Business Growth: This large order is likely to have a positive impact on Waaree Energies' revenue and market position in the coming years.

Company's Disclosure

In compliance with regulatory requirements, Waaree Energies has provided detailed information about the order to the BSE Limited and the National Stock Exchange of India Limited. The company has clarified that this is a one-time order and does not fall under related party transactions.

Investor Relations

In related news, Waaree Energies has also announced upcoming interactions with analysts and investors:

  • The company will participate in the Motilal Oswal 21st Annual Global Investor Conference on September 2, 2025, in Mumbai.
  • A group of investors will visit Waaree's manufacturing plant in Chikhli, Navsari, Gujarat on August 29, 2025.

These events indicate the company's commitment to maintaining transparent communication with its stakeholders and the investment community.

As Waaree Energies continues to expand its global footprint, this significant order from the US market positions the company for potential growth and increased visibility in the international solar energy sector.

Historical Stock Returns for Waaree Energies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.45%+6.69%+7.23%+57.61%+45.45%+45.45%
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Waaree Energies Launches Lightweight Solar Modules and Clarifies Enel Green Power Deal Status

1 min read     Updated on 21 Aug 2025, 03:56 PM
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Overview

Waaree Energies has introduced innovative Flexible Light-Weight solar modules, 70% lighter than conventional panels and suitable for curved surfaces. The modules offer up to 500W output with 18% efficiency. Separately, the company clarified that its deal with Enel Green Power is under review, not terminated as rumored. Waaree Energies shares closed at ₹3,225.00 on NSE, up 2.33%.

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*this image is generated using AI for illustrative purposes only.

Waaree Energies , a prominent player in the renewable energy sector, has made significant strides in solar technology while also addressing recent market speculations about its business arrangement with Enel Green Power.

Launch of Flexible Light-Weight Solar Modules

Waaree Energies has introduced innovative Flexible Light-Weight solar modules designed for curved surfaces and structures where traditional glass panels are not suitable. These new modules offer several advantages:

  • 70% lighter than conventional panels
  • Less than 3.5mm thick
  • Require only 8kg/m² roof strength
  • Can be bonded directly to surfaces without drilling
  • Offer up to 500W output with 18% efficiency
  • Available in four variants ranging from 84W to 500W

The modules are targeted for various applications, including:

  • Metro facades
  • Petrol pump canopies
  • Railway infrastructure
  • Urban rooftops
  • Street lighting
  • Defense installations

Waaree Energies currently operates manufacturing facilities with a total solar module capacity of 16.7 GW worldwide.

Enel Green Power Deal Status: Under Review

In a separate development, Waaree Energies has issued a clarification regarding its deal with Enel Green Power:

  • The deal is currently under review
  • Contrary to market rumors, the agreement has not been terminated
  • This clarification aims to maintain transparency and prevent unwarranted market reactions

Market Performance

Waaree Energies shares closed at ₹3,225.00 on NSE, up ₹73.50 or 2.33%.

Historical Stock Returns for Waaree Energies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.45%+6.69%+7.23%+57.61%+45.45%+45.45%
Waaree Energies
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