Waaree Energies’ Subsidiary Secures Order for 236.22 MW of Solar Modules
Waaree Solar Americas Inc, a wholly owned subsidiary of Waaree Energies Limited, has secured a significant order for solar modules. The contract was awarded on June 29, 2026, by a renowned international customer specializing in sustainable infrastructure solutions and renewable energy development.The deal involves the supply of solar modules to the specialized customer. This is defined as a one time order.
Details regarding the contracted scope and commercial aspects were reviewed, confirming that no interest exists from Waaree Energies’ promoter or group companies in the entity awarding the contract. The transaction has been confirmed not to be a related party matter.
The timeline for the order specifies that the supply of the solar modules will take place during the first and second quarters (Q1 and Q2) of Financial Year 2027-28.
Key details of the awarded contract are summarized below:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Renowned customer who develops and manages sustainable infrastructure solutions, particularly in renewable energy. |
| Nature of Order | One time supply of Solar Modules. |
| Contract Type | International Entity order. |
| Broad Commercial Consideration | Supply of 236.22 MWolar modules. |
| Time Period | Q1 and Q2 of Financial Year 2027-28. |
WAAREEENER Stock Price Movement
Shares of Waaree Energies Limited on Monday shed value, slipping 4.1% to close at ₹2886.1. The stock traded in the previous session with a total volume of 3.06 million shares.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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