Waaree Energies Limited has informed the Exchange about General Updates
WAAREEENER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Waaree Energies' wholly-owned US subsidiary, Waaree Solar Americas, has secured an order to supply 540 MW of solar modules to a well-known US developer and owner-operator of utility-scale solar and energy storage projects. The supply is split into two phases: 270 MW to be delivered in 2025 and the remaining 270 MW in 2027-2028. The order is one-time in nature, international, and the customer is not related to Waaree's promoters or group companies. The commercial value (size) of the order is not disclosed in the filing, only the capacity in MW.
Positive for Waaree Energies — strengthens its US export footprint and adds visibility to module shipments across 2025 and FY28. The phased delivery and long-dated portion (2027-28) provide multi-year revenue support, though near-term contribution depends on module pricing and execution.