TAG: " Amit Paithankar"

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Waaree Retains No.1 Solar Module Spot in Apr-Jun 25 quarter

The April-June 2025 quarter saw India add 4.2 GW of new utility-scale solar capacity and 1.3 GW of rooftop installations, pushing the country’s cumulative solar capacity to 91 GW.

Amit Paithankar | August 29, 2025 | By News Bureau |  412

Waaree Energies Not Moving Out of Odisha, Component Relocation Part of Strategic Realignment: CEO

Waaree Energies has undertaken a strategic realignment of certain components of its planned 6 GW integrated solar manufacturing capacity across multiple geographies, and not moving away from Odisha, clarified its CEO and Whole-time Director Dr. Amit Paithankar.

Amit Paithankar | June 21, 2025 | By Mrinmoy Dey |  1273

US Tariffs on Indian Imports: A Mixed Bag for India’s Renewable Energy Sector

Though the US tariffs may seem like a setback, Indian solar companies are looking at the situation as both a challenge and an opportunity.

Amit Paithankar | April 04, 2025 | By Abha Rustagi |  2598

Waaree Energies Secures 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured a 362.5 MWp solar module supply order from Khaba Renewable Energy, a subsidiary of Engie India. This order consists of the supply of advanced 600Wp Elite BiN-08 N Type TopCon solar modules, designed to enhance energy efficiency and sustainability. The supply of modules is scheduled to commence in FY 2025-26.

Amit Paithankar | February 19, 2025 | By Mrinmoy Dey |  1255

Waaree Energies Becomes First Indian Solar Manufacturer to Earn ‘A’ Rating in PV Tech Bankability Rankings

Waaree Energies has attained an ‘A’ rating in PV Tech’s Bankability Rankings based on its strong financial performance and stability along with advanced manufacturing capabilities.

Amit Paithankar | February 19, 2025 | By Abha Rustagi |  1599

Waaree Energies Starts Commercial Production at India's Largest Solar Cell Facility in Gujarat

Waaree Energies commences production at its 1.4 GW Mono PERC solar cell line in Chikhli, Gujarat, marking the first phase of a 5.4 GW facility. The plant strengthens India’s solar manufacturing capabilities, supporting renewable energy goals.

Amit Paithankar | February 08, 2025 | By EI News Network |  2729

Waaree Energies Q3 FY25 PAT Soars 260 Percent to INR 5,069 Crore

Waaree Energies posted a 260 percent YoY PAT growth to INR 5,068.76 million in Q3 FY25, with total income rising 114.63 percent to INR 35,452.65 million. Strong execution drove 257 percent EBITDA growth. The company commenced trial production at its 5.4 GW solar cell facility and expanded US operations with module production.

Amit Paithankar | January 31, 2025 | By EI News Network |  1200

Waaree Energies to Invest INR 850 Crore to Set Up Electrolyser and Lithium Ion Storage Cell Plant

Waaree Energies Ltd. has approved an INR 850 crore investment for setting up a 300 MW electrolyser manufacturing plant and a 3.5 GWh lithium-ion storage cell manufacturing plant, along with INR 130 crore in capital expenditure for its inverter business.

Amit Paithankar | December 24, 2024 | By Mrinmoy Dey |  1811

Waaree Energies Incorporate Subsidiary to Focus on Australia Market

Waaree Energies announced the formation of a new wholly-owned subsidiary Waaree Renewable Energies Australia PTY Ltd., to expand its renewable energy operations in Australia.

Amit Paithankar | December 07, 2024 | By Mrinmoy Dey |  1517

Waaree Energies to Commence Cell Manufacturing in 5.4 GW Chikhli Plant in Mid-December

Waaree Energies is set to begin operations at its 5.4 GW solar cell plant in Gujarat by mid-December 2024. Further, a 6 GW integrated facility in Odisha is in the advanced stages of planning. The company is also foraying into green hydrogen and battery energy storage systems.

Amit Paithankar | November 29, 2024 | By Mrinmoy Dey |  2029

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