TAG: " Amit Paithankar"

News

Waaree Energies Reports 134 percent Profit Surge in Q2 FY26, Announces INR 8,175 Crore Capex

Waaree Energies posted a 69.96 percent YoY rise in Q2 FY26 income to INR 6,226.54 crore and a 133.78 percent jump in profit to INR 878.21 crore. In Q2 FY26, the company also announced investing INR 8,000 crore in increasing storage cell and BESS manufacturing capacity to 20 GWh.

Amit Paithankar | October 21, 2025 | By Mrinmoy Dey |  909

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 |  566

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 |  1459

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 |  2798

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 |  1433

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 |  1719

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 |  3015

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 |  1336

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 |  1980

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 |  1599

Articles

This category has no news at the moment.

Interviews

This category has no news at the moment.