Waaree Energies Subsidiary Secures 452MW Solar Module Order in the US

Waaree Energies Limited has announced that its wholly owned subsidiary, Waaree Solar Americas, has received a significant contract for the supply of solar modules. 

The order, placed on August 26, 2025, is from a renowned developer and operator of large-scale solar and energy storage projects across the United States.

Waaree Energies Secures 452MW Solar Module Order

The subsidiary will be supplying 452MW of solar modules under this contract. The agreement is structured as a one-time order and is expected to be executed over FY 2025-26 and FY 2026-27. This marks a major opportunity for the company to strengthen its footprint in the US solar market.

Key Terms of the Contract

The order, awarded by an international entity, focuses on the delivery of advanced solar modules for utility-scale projects. The company has clarified that the promoter group has no interest in the entity awarding the contract, and the transaction does not fall under related party dealings, ensuring it has been undertaken at an arm’s length basis.

Strengthening Position in the US Market

The contract positions Waaree Solar Americas as a strong contributor to the growing demand for renewable energy in the United States. The large-scale supply of modules will cater to utility and energy storage projects, showcasing Waaree Energies' ability to handle high-capacity and global contracts.

Read More: Waaree Energies’ ₹3,500 Crore Enel Deal Hits a Roadblock — What’s Next?!

Future Growth

The 452MW supply order reflects Waaree’s expanding international client base and its competence in meeting global demand. Such developments also highlight the increasing reliance on Indian players in the renewable energy sector to deliver technology-driven solutions for sustainable energy projects worldwide.

Waaree Energies Share Price Performance

On August 26, 2025, Waaree Energies share price opened at ₹3,149.00 on NSE, below the previous close of ₹3,151.10. During the day, it surged to ₹3,214.50 and dipped to ₹3,115.00. The stock is trading at ₹3,178.30 as of 2:38 PM. The stock registered a moderate gain of 0.86%.

Over the past week, it has moved up by 0.85%, over the past month, it has moved up by 2.14%, and over the past 3 months, it has moved up by 13.33%.

Conclusion

Waaree Energies, through its subsidiary Waaree Solar Americas, securing a 452MW solar module order in the US underscores its strengthening international presence. With execution spanning FY 2025-26 and 2026-27, this contract embodies an important milestone in Waaree’s global growth trajectory within the renewable energy sector.

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