Gujarat: Waaree Energies Expands Portfolio, Setup Two Solar Inverter Manufacturing Lines of 3.05 GW

Moving fast on its announced plans, Waaree Energies has now set up two solar inverter manufacturing line facilities. Waaree is currently the leading module manufacturer in the country with a  capacity of about 20 GW. The move into inverters follows a trend among some of the leading module makers including Premier Energies , Saatvik Solar and smaller players like Sunora solar to diversify into inverter manufacturing, among other parts of the solar supply chain. Waaree has already acquired a transformers business and started investinmg into energy storage manufacturing as well.   

In a regulatory filing, the company said that the solar module manufacturer and EPC (Engineering, Procurement, and Construction) player, Waaree Energies, through its subsidiary Waaree Power Private Limited, has set up the facilities with an annual capacity of 1.525 GW each, totalling 3.05 GW, at its factory in Sarodhi–Valsad, Gujarat, India. The company added that these facilities commenced operations with effect from December 29, 2025, at 10:00 a.m.

Waaree Energies, had announced in August 2025 plans to strengthen its position in the Indian solar market by expanding into new areas of the energy sector, including Battery Energy Storage Systems (BESS), solar inverters, and green hydrogen electrolysers. 

Solar Manufacturing Firms Heading for Vertical Integration

Earlier this year, in October 2025, Hyderabad-based solar module manufacturing company Premier Energies diversified from solar modules, solar cells, and aluminium frame manufacturing into the inverter business. The publicly listed company has planned to venture into the solar inverter manufacturing market and also into transformer manufacturing. While its plan to foray into solar inverter manufacturing is mainly targeted at catering to the rising demand for small-scale solar inverters for residential rooftop systems—aligned with the PM Surya Ghar scheme—its transformer business plans are aimed at boosting its presence across the broader energy sector beyond renewables.

Similarly, solar module maker Saatvik Solar, which is already engaged in the production of encapsulants, EVA, and aluminium frames, has launched solar inverters.The new inverter range spans from 1 kW to 50 kW and is specifically designed for rooftop solar installations and to cater to the rising number of connections under the PM Surya Ghar scheme.