Waaree Energies Subsidiary Secures Order for 125 MW High-Efficiency Solar Modules
Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies Limited, has secured an order for the supply of high-efficiency solar modules. The contract was awarded following an order received on July 21, 2026, from a renowned customer that owns and manages utility-scale renewable power projects.The agreement mandates Waaree Solar Americas to supply its Heterojunction Technology (HJT) solar modules to the international customer. This represents a one-time contract for the supply of these high-efficiency HJT solar modules, amounting to 125 MW.
The order is scheduled for execution during the Financial Year 2026-27. Key details regarding the transaction have been recorded as follows:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Renowned customer that owns and manages utility-scale renewable power projects |
| Nature of Deal | One time supply of Solar Modules |
| Customer Type | International Entity |
| Commercial Size | 125 MW high-efficiency HJT solar modules |
| Promoter Interest | No interest by the promoter or promoter group in the customer entity |
The transaction is neither a related party deal, nor does it involve any conflict of interest concerning the supplier and the awarding customer.
WAAREEENER Stock Price Movement
On Wednesday, shares of Waaree Energies Limited shed 1.25%, settling at ₹2697.20 after losing ₹34.10 from the previous close. The equity was traded in a volume totaling 1.14 million shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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