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 Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy Read more
WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] 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
WAAREE Energies Builds Order Pipeline Worth $2.37 billion Updated On Thu, May 19th, 2022 by Saurenergy Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […] Read more
CubicPV, Waaree In Multi-Year Supply Agreement For Silicon Cells Updated On Thu, Apr 28th, 2022 by Saurenergy US solar cell manufacturer CubicPV and Waaree Energies, Ltd, a leading domestic solar module manufacturer, have announced that they have entered into a multi-year supply agreement in which CubicPV will supply, per annum, 1 GW of silicon cells to Waaree. The cells will feature wafers made with CubicPV’s innovative Direct Wafer® technology, that produces wafers […] Read more
Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO Updated On Tue, Jan 11th, 2022 by Saurenergy Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […] Read more
The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers Updated On Wed, Sep 29th, 2021 by Saurenergy Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […] Read more
