Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices,

“In his new role as Chief Executive Officer of Waaree Energies Ltd, Paithankar will strive to utilize his experience and leadership to drive the company to grow in the renewable energy sector. He intends to onboard expertise to drive Waaree Energies Ltd towards sustainable innovation. By prioritizing growth, efficiency and cultivating enduring relationships, Paithankar’s endeavor will be to guide Waaree Energies Ltd towards advancement that aligns with the ever-changing demands of the renewable energy sector,” the firm said.

Before joining Waaree, Paithankar was associated as Managing Director South Asia with Emerson Electric Co. (India) Pvt. Ltd., among other roles. His educational background includes a Ph.D. in Electrical Engineering and a master of business administration

“With the solar industry continually evolving, this is an opportune moment for significant growth in the near future. Waaree Energies Limited has contributed to the clean energy landscape in India. I am excited about making a meaningful contribution to the company’s objective of providing sustainable energy solutions said Amit Paithankar, CEO, Waaree Energies Ltd.

“Waaree family extends a warm welcome to Paithankar as he takes the helm, steering the company toward a future defined by sustainable growth, technological innovation, and leadership,” the firm said.

Waaree Energies Limited (WEL) was founded in 1990. It is India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (CRISIL Report). WEL commenced operations in 2007 focusing on solar PV module manufacturing with an aim to provide quality, cost-effective sustainable energy solutions across markets, and aid in reducing carbon foot-print paving the way for sustainable energy thereby improving quality of life. As of June 30, 2023, WEL operated four solar module manufacturing facilities in India, with an international presence.