Waaree

India’s Top Solar Module Makers In December 2024

The Ministry of New and Renewable Energy (MNRE) has released its latest data on the Approved List of Models and Manufacturers (ALMM), revealing that India’s enlisted solar module manufacturing capacity has crossed 64 GW. Currently, 97 domestic solar manufacturers are listed on the central government’s registry. While there are approximately 130 solar module manufacturers across […]

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Waaree Energies Starts Solar Cell Production Trials At Chikhli

Indian solar module manufacturer Waaree Energies today announced the commencement of trials for its solar cell manufacturing operations. These trials have begun at its solar cell factory located in Chikhli, Gujarat. This latest development is expected to enhance the backward integration capacity of the Mumbai-based solar company. Led by Hitesh Doshi, the company plans to […]

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Waaree Renewable To Be Listed In NSE Soon

Indian renewable energy company Waaree Renewable will soon be listed before the National Stock Exchange (NSE). The Engineering, Procurement and Construction (EPC) arm of the Waaree Group recently informed its investors. The BSE-listed company discussed the issue in its latest filings. Its board of Directors recently approved the decision. “This is to inform you that […]

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Waaree Energies Secures 398 MWp Of Solar Module Orders

Indian solar module manufacturer Waaree Energies today announced receiving orders for two significant clean energy projects. The company will now supply 398 MWp of solar modules for these two projects. While one order is for 249 MW of modules, another one is a 149 MW of orders. Without disclosing the identity of the client, the […]

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Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump

The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […]

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Indian Solar Cell Production Set To Expand But Challenges Galore

Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […]

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Green Stocks Oct 24: Wind Energy Gets Respite As Slide Continues

Pressure continued on green stocks, despite the record breaking performance of the big daddy, Waaree Energies IPO. The dichotomy could perhaps be explained by the sheer amount of interest in the Waaree IPO, which seems to have sucked a lot of liquidity out for applications to the IPO. As refunds pour in by next week, […]

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Green Stocks Oct 22: It’s All Red For Green Stocks As Correction Continues

On a day when the broader market witnessed weakness right from the opening bell, our green pack did no better, failing to overcome the weakness in demand from investors. EPC players were the worst hit, with both Waaree RTL and SWREL logging approximately a 5% loss, even as Shakti Pumps and KPI Green struggled equally […]

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Waaree Energies Yet To See Approval For Issue Of IPO

Notwithstanding the filing of documents for the issue of Initial Public Offering (IPO) with the Securities & Exchange Board of India (SEBI), India’s leading solar module manufacturer Waaree Energies’ is yet to see the plan becoming a reality soon. The green company is yet to see approval from the market regulator.  Some media reports have […]

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