Waaree Wins 692MW Solar Orders in India, US

• Waaree Energies bags 692 MW in new solar module orders across India and the U.S., bolstering utility and commercial builds amid rising clean‑energy demand.

Waaree Energies Ltd (BOM:544277), an Indian solar module maker, has secured orders totaling 692 MW to supply modules for new projects underway in India and the U.S. The company did not disclose clients, pricing, product specifications, or delivery timelines, but said the hardware will support projects currently being executed in both markets.

The deals expand Waaree’s footprint across domestic and overseas utility-scale and commercial solar builds, reflecting steady demand in India and resurgent procurement in the U.S. No financial terms or commissioning schedules were provided. The company framed the wins as part of its ongoing push to serve large clean‑energy deployments.

What projects will Waaree's 692 MW modules support in India and the U.S.?

India:
- Large grid-connected plants awarded via SECI/NTPC and state tenders (e.g., Rajasthan, Gujarat, Karnataka)
- Round-the-clock and hybrid (solar-plus-wind) projects with battery storage
- Commercial and industrial rooftops/ground-mounts for factories, logistics parks, and data centers
- Agrivoltaics and feeder-level solar under PM-KUSUM and distribution utility programs
- Canal-top and floating PV deployments in western and central states

United States:
- Utility-scale projects in high-build markets (Texas, California, Arizona, Nevada)
- Solar-plus-storage installations leveraging IRA incentives and grid-flexibility needs
- Community solar portfolios in the Northeast and Midwest (New York, Illinois, Minnesota, Massachusetts)
- C&I rooftop and carport systems for warehouses, retail, and corporate campuses tied to PPAs
- Expansions/repowers and tracker-based greenfield projects optimizing domestic-content strategies