Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
Waaree Renewable Technologies Receives LoA for Solar Project of 6.5 MW Updated On Thu, May 4th, 2023 by Saurenergy EPC firm Waaree Renewable Technologies has announced that it has received a Letter of Award (LOA) from energy arm of one of India’s leading conglomerate in steel, power and infrastructure sector. The firm will be responsible for engineering, procurement and construction (EPC) services in respect of setting up of a solar power project of 6.5 […] 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 Group’s Listed Firm WRTL Income Jumps 3.5x in H1 FY23 Updated On Fri, Nov 11th, 2022 by Saurenergy Waaree Renewable Technologies Limited (WRTL) the listed EPC focused arm of India’s largest module manufacturing group, Waaree Energies, has released its results for Q2 FY23. The company has reported total income of Rs. 120.99 crores during the period ended September 30, 2022 as compared to Rs. 95.62 crores during the period ended June 30, 2022, […] 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