Waaree Energies Bags 150MWp Solar Module Order

Indian solar module manufacturer Waaree Energies today announced bagging a new solar module order of 150MWp capacity. The company said that it bagged the order from a renewable energy company engaged in owning, developing and operating renewable power projects in India.

“This is to inform you that the Company has today received an order for the supply of solar modules for 150 MWp from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India,” the firm said.

The company informed its investors about its new order in its latest filing before the exchanges. The company said this is a one-time order. The Mumbai-based firm said that it would start supplying solar modules in the financial year 2025-26. The solar module supply will be domestic in nature.

The contract includes the supply of Waaree’s flagship high-efficiency Glass N-type Topcon bifacial modules, rated at 585/590Wp. These modules are recognized for their durability, exceptional energy output, and advanced technology, showcasing Waaree’s unwavering commitment to quality and innovation.

Boosting disclosures

Waaree Energies recently announced becoming the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its advanced Bifacial MonoPERC and TOPCon solar panels. These are certified under The International EPD System.

These EPDs, based on rigorous Life Cycle Assessments (LCA) conducted by Sphera Solutions, quantify the environmental impact of Waaree’s solar panels from raw material extraction to end-of-life disposal. Both panel types are designed to reduce environmental footprints, with TOPCon panels classified as ultra-low-carbon products.

Highest capacity

Established in 1990, Waaree Energies Limited (WAAREE) is India’s leading renewable energy company. Headquartered in Mumbai, it operates solar manufacturing facilities with an installed capacity of ~13.3GW for solar PV modules (including 1.3GW of Indosolar). With a presence across India and 25+ countries worldwide, it offers innovative solar solutions, including panel manufacturing, EPC services, project development, and rooftop systems. The company is now also working to start the production of ingots, wafers and solar cells.

The Firm has built up an order book that is pushing 5 GW now, based on wins in the past quarter.