Waaree Solar Americas Secures $176 Million Order for 586 MW Solar Modules

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Waaree Solar Americas Secures $176 Million Order for 586 MW Solar Modules

Updated on May 30, 2025, 04:00 AM IST
Written by Blackridge Admin

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies Limited, has secured a major international order valued at USD 176 million. The order involves the supply of 586 megawatts (MW) worth of solar modules to a prominent U.S.-based developer and operator of utility-scale solar and energy storage projects.

 

This contract marks one of the largest single-module supply agreements for Waaree Solar Americas and highlights growing international demand for Indian-manufactured solar technology.

Order Details

The order was confirmed on May 28, 2025, and the project is scheduled to commence deliveries from the financial year 2026-27. The identity of the client remains undisclosed, but Waaree described the customer as a renowned U.S. entity with deep involvement in renewable infrastructure. The contract is classified as a one-time supply arrangement and does not fall under related party transactions.

Company Background

Waaree Energies, headquartered in Mumbai, continues to be a front-runner in India’s solar manufacturing industry. The company has been actively expanding its international presence, particularly in the U.S. market where demand for solar infrastructure is experiencing accelerated growth. Rajesh Ghanshyam Gaur, Company Secretary and Compliance Officer at Waaree Energies Ltd., confirmed the development in an official filing dated May 29, 2025.


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