Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
Solar Leader Waaree Energies Drums Up Module Manufacturing Capacity to 12 GW Updated On Tue, Dec 20th, 2022 by Saurenergy Leading solar panel manufacturer, Waaree Energies, which currently has an operational 9 GW module manufacturing facility, is looking to set up additional module manufacturing capacity. With this addition to its portfolio, the firm’s module manufacturing capacity will rise to 12 GW including for for 650 watt modules by March 2023. This will be the largest […] Read more
Waaree Energies Supplies Solar Panels for Terapanth Foods’ Solar Project at Bhavnagar, Gujarat Updated On Wed, Nov 2nd, 2022 by Saurenergy One of India’s top firms for supplying iodized salt to major FMCG brands, Terapanth Foods Limited- a Friends Group Company, has commissioned a 4 MW solar power project at Bhavnagar, Gujarat. Leading solar manufacturer Waaree Energies provided the firm with 335Wp polycrystalline solar panels for the said project. Pankaj Babulal Singhvi from Terapanth Foods, stated, […] Read more
Waaree Energies to Supply Solar Modules to Kandla Agro & Chemicals Updated On Mon, Oct 31st, 2022 by Saurenergy Kandla Agro & Chemicals Pvt Ltd (KACPL), which engages manufacturing of various grades of castor oil and its derivatives, is looking to to cut down on greenhouse gas emissions by installing a solar power plant of 4 MW at Bila, Bhavnagar. Towards this end, a leading player in the solar energy industry, which manufactures PV […] Read more
Waaree Energies Starts Sale of Solar Products at E-Comm Store Updated On Fri, Oct 14th, 2022 by Saurenergy India’s largest solar panel manufacturer presently, Waaree Energies has announced dates for its freedom sale, which will go live on its official website, today, 14 October. The company claims that its e-commerce platform is the first of its kind in the solar sector to offer products online. Small solar modules like 3Wp 6V polycrystalline solar […] Read more
Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Read more
Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Steinbeis, Waaree Energies, DSE Consortium Germany Partner for Green Hydrogen in India Updated On Mon, Oct 3rd, 2022 by Saurenergy Hyderabad-based Steinbeis Centre for Technology Transfer India has said that it has inked a Memorandum of Understanding (MoU) with Waaree Energies and DSE Consortium Germany, under which, the three entities will collaborate to establish an assembly line for the production of electrolysers and polysilicon in India. The collaboration will also delve into implementing solar thermal […] Read more
Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
