Waaree Energies Limited has informed the Exchange about Commencement of commercial production/operations by Sangam Solar One Private Limited, a wholly owned subsidiary at Samakhiali-Kutch, Gujrat, India.
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Waaree Energies' wholly owned subsidiary Sangam Solar One Private Limited has commenced commercial operations at a new solar module manufacturing facility in Samakhiali-Kutch, Gujarat. The facility houses 4 solar module production lines with a capacity of 750 MW each, bringing total annual capacity to 3,000 MW. Production officially started on April 6, 2026 at 10:00 AM. This significantly expands Waaree's solar module manufacturing capabilities.
This capacity expansion positions Waaree to capture more of the growing solar energy market. The 3,000 MW addition is substantial and should support revenue growth, though the full financial impact will depend on utilization rates and market conditions.