Waaree Energies Limited has secured two solar module supply orders totaling 524 MW for the ongoing financial year 2024-25. The deliveries are planned to continue through the financial year 2025-26 as well.
The two module supply orders received are of 364 MW and 160 MW, from prominent renewable energy companies actively involved in the ownership, development, and operation of renewable power projects across India. Notably, the financial details of these orders remain undisclosed.
In November 2024, Waaree Energies announced securing an order to supply 180 MWp of solar modules, with deliveries set to commence by late November 2024 and conclude by March 2025.
In October 2024, Waaree Energies announced an IPO offering 4.8 million equity shares valued at Rs 36 billion, priced between Rs 1,427 and Rs 1,503 per share, with the bid lot starting at nine shares.
