TAG: "Waaree Energies Limited"

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Government Slashes GST on Renewable Energy Devices from 12 Percent to 5 Percent

The GST Council has reduced the Goods and Services Tax (GST) on renewable energy devices and related parts from 12 percent to 5 percent, effective September 22, 2025, as part of its broader tax rationalisation reforms. It has also reduced GST on non-lithium-ion batteries to 18 percent from 28 percent.

Waaree Energies Limited | September 04, 2025 | By Mrinmoy Dey |  11007

Waaree Energies Acquires 64 Percent Stake in Kotsons, Expands into Transformer Business

Waaree Energies invests INR 192 crores to acquire majority stake in Kotsons, marking entry into transformer sector. The move strengthens vertical integration, expands exports to USA/Canada, and supports India’s growing power infrastructure demand.

Waaree Energies Limited | September 03, 2025 | By EI News Network |  1148

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.

Waaree Energies Limited | August 29, 2025 | By News Bureau |  438

Waaree Energies to Invest INR 15,000 Crore, Targets 26 GW Module and 16 GW Cell Capacity by FY27

Waaree Energies to invest INR 15,000 crore, targeting 26 GW modules and 16 GW cells by FY27; Q1 revenue INR 4,597 crore, profit INR 773 crore, EBITDA up 83 percent.

Waaree Energies Limited | August 09, 2025 | By EI News Network |  2203

Waaree Energizes Q1 with INR 773 Crore Profit and Clean Energy Expansion

Waaree Energies Limited announced its unaudited consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26).

Waaree Energies Limited | July 29, 2025 | By News Bureau |  585

Waaree Emerges as India’s Top Solar Module Supplier in FY2025: JMK Report

Waaree Energies Limited has reinforced its position as the nation's top solar module supplier, capturing a commanding 13.9 percent share of total module shipments in FY2025, according to the comprehensive JMK Research & Analytics Annual India Solar Report Card.

Waaree Energies Limited | July 09, 2025 | By News Bureau |  859

Waaree Relocates Proposed 6 GW Integrated Solar Manufacturing Facility out of Odisha

Waaree Energies has announced a change in the location of its proposed 6 GW integrated solar manufacturing facility originally planned in Odisha, with new sites identified across Gujarat, Maharashtra, and potentially Tamil Nadu, citing project delays at the earlier site.

Waaree Energies Limited | June 21, 2025 | By Mrinmoy Dey |  1385

Waaree Solar Americas Secures 599 MW Solar Module Supply Deal in US

Waaree Solar Americas Inc., the US subsidiary of Waaree Energies Limited, has announced a landmark 599 MW solar module supply agreement with a US-based independent power producer. This strategic deal reinforces Waaree’s growing footprint and proven reliability in the rapidly expanding American solar market.

Waaree Energies Limited | June 11, 2025 | By News Bureau |  450

Waaree to Boost US Solar Manufacturing with 1.6 GW Texas Expansion

Waaree Energies will add 1.6 GW solar module capacity at its Texas facility, doubling its US capacity to 3.2 GW, reinforcing commitment to local manufacturing and growing American solar demand.

Waaree Energies Limited | April 17, 2025 | By EI News Network |  1565

Waaree Energies Expands Solar Manufacturing, Strengthens Leadership

Waaree Energies is launching 5.4 GW solar cell plant in Gujarat and expanding module production in India and the US. The company also announced leadership changes, appointing R.S. Loona as Independent Director and Ankit Doshi as President - Strategy and bids farewell to outgoing director Jayesh Shah after over a decade of service.

Waaree Energies Limited | March 27, 2025 | By EI News Network |  2364

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