Waaree Energies

Rewa Solar Project: Waaree’s Parent Firm to Develop MP Project

Mumbai-based Waaree Energies has taken over the development of a 170 MW solar power project from Rewa Ultra Mega Solar Limited (RUMSL) in Madhya Pradesh, the company said in a regulatory filing. It clarified that the project would not be developed by its subsidiary as announced earlier. The latest announcement was in continuation of its […]

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ALMM May Update- Goldi, Premier, RenewSys Dominate New Additions Of 8653 MW

The May update of the Approved List of Module Manufacturers from the Ministry of New and Renewable Energy (MNRE) is out with possibly the highest ever addition of capacity and new manufacturers in a long time. IN a letter dated May 21, the MNRE has made some changes to the list , with BIS number […]

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Waaree Energies Acquires Kamath To Scale Transformer Business

Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a “well-established and progressive company in transformer manufacturing,” with revenues of ₹257.3 crore in FY22, ₹544.1 crore in FY23, […]

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Waaree Announces $200mn Investment To Expand US Operations

Waaree Solar Americas Inc., a wholly owned subsidiary of India-based Waaree Energies Ltd., announced an additional investment of $200 million in the United States at the SelectUSA Investment Summit hosted by the U.S. Department of Commerce. The new investment will focus on battery energy storage systems, aimed at boosting the company’s technological capabilities and supporting […]

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Green Stocks April 23: Waaree Energies All The Way

We have been stressing how it will be news that drives stocks for now, and Waaree Energies served up the best possible illustration of this thesis. In delivering the set of Q4 numbers and full year numbers for FY 25, the firm provided great validation of its prospects, leading to a massive surge today. That […]

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Waaree Energies Results- Q4 Revenues Up 38%, FY25 Profits Up 107%

India’s largest module , and now cell maker Waaree Energies Ltd has reported its Q4 FY25 results. The firm reported its best quarterly numbers yet, with revenues growing 38% YoY to a lifetime high of Rs. 4,141 Cr for the quarter. EBITDA grew faster on the back of improving margins, rising 116% YoY. Finally, profit […]

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IndoSolar Turnaround Continues With Rs 40 cr Profit In Q4, Fy25

Waaree Energies owned Indosolar Limited continues to deliver a strong turnaround with a strong set of results for Q4 2025. For Q4 2025 ending March, the Greater Noida based company reported sales of Rs 192.00 crore versus Rs 103 crore in the December quarter.  Net profit was reported to be Rs 40.04 crore in the […]

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Green Stocks April 9- Waaree Energies Gains On Another Tough Day

Markets continue to be ruled by hope and fear, as the US-China trade war seems to have escalated for now. Of course, we will know soon enough how long this ‘war’ is going to last, but it is clear to everyone that however distant, it will affect Indian markets as well. Thus, Indian markets duly […]

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Green Stocks April 7- Stocks Endure Another Trump Induced Rout

As what is primarily a US-China slugfest continued, stock markets around the world bore the brunt, dropping by 4% to 13%. India’s Indices had it relatively easy, coming in among the few to drop less than 5%. If that sounds like a win, then the performance of India’s green energy stocks versus Chinese giants listed […]

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