Page 3 - Waaree Energies

MSCI rejig: Swiggy, Mazagon Dock among 4 entrants; $850 mn inflows likely

Swiggy, Mazagon Dock, Hitachi Energy, and Waaree Energies may join MSCI Index in August review, attracting $850 million in passive inflows

Waaree Energies up 4% as its arm wins order to supply 599 MW solar modules

Waaree Energies share price jumped 4.1 per cent in trade on Wednesday, June 11, 2025, after the company announced its arm Waaree Solar Americas has received an order for supply of 599 MW solar modules

Waaree Renewable Technologies bags Rs 345 cr solar project in Rajasthan

Waaree Renewable Technologies Ltd (WRTL) on Tuesday announced securing a solar project worth Rs 345 crore in Rajasthan from a prominent domestic renewable energy generation company. The project is scheduled for completion in the financial year 2025-26, the company said. WRTL has secured a significant EPC order for a 300 MW AC (alternate current)/ 435 MW DC (direct current) ground-mounted solar photovoltaic project in Bikaner, Rajasthan. The order, valued at more than Rs 345 crore, was awarded by a prominent domestic renewable energy generation company, the company said, without disclosing any further details. "This collaboration marks a significant milestone in our relationship, built on mutual trust, shared vision, and a commitment to sustainable growth. We value this partnership deeply and look forward to working closely together to deliver impactful outcomes now and into the future," said Sunil Rathi, Executive Director, WRTL. The scope of work includes engineering, procurement

Waaree secures $176 million deal to supply 586 MW solar modules in US

Waaree Energies on Friday said it has signed a USD 176 million agreement with a US-based independent power producer to supply 586 MW solar modules. The modules will be manufactured at Waaree Solar Americas' facility in Brookshire, Texas, and are scheduled for delivery during FY 202627 across four projects, a company statement said. "This agreement reflects Waaree's unwavering commitment to building a resilient, robust, and technologically advanced clean energy supply chain in the US," said Sunil Rathi, President, Waaree Solar Americas. In January, Mumbai-headquartered Waaree Energies announced starting commercial production of solar modules at its manufacturing facility in the US. Waaree Energies is India's leading renewable energy company having an installed capacity of 15 GW for solar PV modules globally (including 1.3 GW of Indosolar and 1.6 GW in Texas, USA). The company also has 1.4 GW of cell manufacturing facility with an expansion capacity of 5.4 GW.

Why did Waaree Energies, Premier Energies stock slip up to 11% in trade?

Waaree Energies and Premier Energies stock tumbled up to 11 per cent after the new US tax bill was approved

Waaree Renewable Technologies secures Rs 114 cr solar project order

Waaree Renewable Technologies on Friday said it has received a letter of award for setting up a solar power project under Mukhyamantri Saur Krushi Vahini Yojana-2.0 for Rs 114.23 crore from a leading renewable energy firm. The project is scheduled to be completed in 2025-26 as per the terms of the order, a regulatory filing said. The company has been awarded the Letter of Award for the execution of engineering, procurement and construction works of the solar power project including operation and maintenance (O&M) of 94 MW AC/131.6 MW DC capacity. The order value is approximately Rs 114.23 crore. This project will be executed under Mukhyamantri Saur Krushi Vahini Yojana-2.0.

Waaree Energies jumps 19% in trade; here's why the stock is in demand today

Waaree Energies share price: The company on Tuesday, after market hours, reported a 34 per cent rise in its net profit for the fourth quarter ended March 31, 2025, to Rs 618.91 crore

Street signs: Nifty eyes 24,000, AI to vet IPO documents, and more

Hyundai Motor India and Waaree Energies are among the stocks likely to come into focus this week as their lock-up periods expire

Waaree Renewable Tech debuts successfully on NSE, boosts growth prospects

Renewable energy solutions provider Waaree Renewable Technologies on Wednesday announced that it has been listed on the National Stock Exchange of India (NSE). "Waaree Renewable Technologies Limited's NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion," the company said in a statement. Shares of the company were trading 0.85 per cent lower at Rs 856.95 apiece on the NSE. This listing not only elevates the company's market visibility and investor accessibility but also highlights its remarkable growth trajectory and commitment to building a greener, self-reliant India, the statement said. "Being listed on the NSE is a defining moment in our journey. It symbolises scale, credibility, and intent," said Viren C Doshi, Director at WRTL. With execution of over 1.82 GW in solar EPC installations and currently managing execution of an additional 1.7 GW of projects, WRTL has solidified

Why Bernstein thinks Waaree, Premier Energies will 'Underperform' ahead?

While the Indian solar photovoltaic (PV) manufacturing space is an intriguing one, Bernstein sees potential risks.

Waaree Energies launches India's largest solar cell facility in Gujarat

Clean energy player Waaree Energies Ltd on Saturday announced the launch of its solar cell facility having a capacity of 5.4 gigawatt (GW) at Chikhli in Gujarat. Union New and Renewable Energy Minister Pralhad Joshi and Gujarat Chief Minister Bhupendra Patel attended the inauguration event along other senior government officials, Waaree Energies said in a statement. "Bharat's largest solar cell manufacturing Gigafactory inaugurated by Waaree Energies in Chikhli, Gujarat," the company said. The facility is spread across 150 acres, with a built-up area of 101 acres. Speaking on the occasion, Joshi said the launch of one of largest solar cell facility embodies the spirit of Atmanirbhar Bharat and stands as a tribute to India's growing prowess in the global renewable energy landscape. The government's vision is to establish India as a global manufacturing hub for clean energy technologies. "Today, with the launch of our 5.4 GW solar cell gigafactory in Chikhli, Waaree is laying the .

Waaree Renewable Tech secures new solar project worth Rs 232 crore

Waaree Renewable Technologies Ltd on Wednesday said it has secured a new solar project worth Rs 232.30 crore from a domestic entity. The 170 MW solar power project will be executed on a turnkey basis, covering comprehensive Engineering, Procurement, and Construction (EPC) services, along with long-term Operation & Maintenance (O&M), Waaree Renewable Technologies Ltd (WRTL) said in a statement. WRTL has received a Letter of Award (LOA) for the execution of a ground-mounted solar power project with an installed capacity of 170 MW AC/255 MW DC, it said. The project will contribute significantly to carbon offset efforts, reducing an estimated 225,000 metric tonnes of CO2 emissions annually which is equivalent to removing nearly 50,000 fossil fuel-powered cars from the roads each year. WRTL is a subsidiary company of Waaree Group which has completed 10,000 solar projects with cumulative installation done for over 1.82 GW.

Waaree Renewable Tech shares jump 5% on ₹232 crore LoA from parent

Waaree Renewable Technologies' stock rose as much as 5.53 per cent during the day to ₹973.1 per share

Here's why Waaree Energies share rose over 4% in trade on February 20

The rise in Waaree Energies share price came after it bagged an order for the supply of solar modules for 362.5 MWp by Khaba Renewable Energy to, a subsidiary of Engie India

Stocks to Watch, Feb 20, 2025: Religare Ent, Waaree Energies, Bharat Forge

Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today

Stocks to Watch, Feb 10: Steel stocks, Nykaa, Eicher, M&M, Vedanta, BEL

At 6:36 AM, GIFT Nifty Futures were trading 47 points lower at 23,568, indicating a negative start for the Indian bourses

Confident of US demand despite Trump's concerning policy: Waaree CEO

Waaree expects most of its 5.4 GW solar cell manufacturing capacity in the western state of Gujarat to be operational by March-April this year. The company has about 13.3 GW of capacity module

Healthy Q3FY25 results fuel 14% rally in Waaree Energies share price today

Waaree Energies' share hit its all-time high of Rs 3,740.75 on the BSE on November 6, 2024, while its all-time low of Rs 2,030 was recorded on January 24, 2025

Waaree Energies Q3 results: Net profit grows multifold to Rs 506.8 cr

Waaree Energies on Thursday reported a multifold rise in consolidated net profit to Rs 5,068.76 crore for the December 2024 quarter, helped by higher income. It had posted a Rs 1,408.05 crore net profit in the year-ago quarter, the company said in an exchange filing. The company's total income rose to Rs 35,452.65 crore from Rs 16,517.74 crore in the October-December period of 2023-24. Its expenses stood at Rs 28,554.53 crore against Rs 15,173.08 crore a year ago. In a media statement, the company's Whole Time Director and CEO Amit Paithankar said, "Our solar business continues to be strong, and we are rapidly advancing in the adjacencies of energy storage systems, green hydrogen, inverters and renewable infrastructure". The momentum in this space is stronger than ever, and the company is well-positioned to capitalise on it, the statement said. The US contributed 15-20 per cent of the company's revenue mix, Paithankar said. In January, the company, through its US-based subsidia

Bajaj Housing, Waaree Energies, Mobikwik among 18 IPOs trading at new lows

Thus far in the month of January 2025, the BSE IPO index has tanked 11 per cent, as against 2.6 per cent decline in the BSE Senex.