Waaree Energies

Waaree Q3 Results- PAT Grows 260%, 26.5 GW order Book

India’s largest solar panel maker, Waaree Energies has announced its Q3 results on Jan 30. The Mumbai headquartered firm reported a sharp 260% jump in profit after tax on a Year on year basis, at Rs 506 crores versus 140 crores last year, indicating a significant improvement in margins as well to 14.30% versus 8.52%. […]

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Waaree Commences Commercial Solar Module Production In US

Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Ltd has announced the commencement of commercial production of solar modules at its advanced manufacturing facility in Brookshire, Texas. The unit boasts a capacity of 1.6 GW. With the facility now fully operational, Waaree Solar Americas is set to produce solar photovoltaic (PV) modules […]

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JA Solar Faces The Heat From US Forced Labour Sanctions

In a fresh list of 37 entities that have been found  to be allegedly using forced labour in China’s Xinjiang province, a subsidiary of JA Solar finds itself banned from shipping goods to the US. The full list can be seen here. Donghai JA Solar Technology Co., a subsidiary of  key Chinese solar manufacturer JA […]

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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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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 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 […]

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Green Stocks Dec 24: On Listless Day, Green Stocks Also Struggle For Direction

Green energy stocks had an ordinary day at the markets today, with most struggling to find a sense of direction for the year ahead. Thus, last week, and the week earliers star performer, Borosil Renewables, continued to be dragged down on the back of both a better understanding of the limited advantages accruing to it […]

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Green Stocks Dec 20: Amid Market Mayhem, Some Green Stocks Make a Point

On a day when the market left few stocks unscathed in a broad slump, it was left to a few green stocks to hold out yet again, Starting with EPC firm KPI Green Energy, which rose 5%, to Premier Energies which somehow stayed in the green. However, the sharp drop in many others, notably SWREL […]

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Waaree Energies, IIT Bombay Advance R&D In PV Perovskite Cells

Mumbai-based Waaree Energies, a solar PV modules manufacturer today collaborated with IIT Bombay to enter into a CSR initiative. This initiative aims to advance research and development in solar perovskite cells. This partnership envisions to the creation of an advanced Fabrication and characterization setup for high-efficiency perovskite solar cells. Through this initiative, Waaree Energies aims […]

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