Waaree Energies today marked a significant milestone in India`s journey toward energy security and manufacturing self-reliance with the groundbreaking ceremony for its upcoming integrated solar ingot and wafer manufacturing facility at Butibori, Nagpur.The facility will house 10 GW capacity each for solar ingots and wafers, establishing it as India`s largest integrated ingot and wafer manufacturing complex. The project represents a major step toward strengthening India`s upstream solar manufacturing ecosystem and building a more resilient domestic supply chain for the country`s rapidly expanding solar sector.Spread across 300 acres and being developed with an investment of approximately Rs 6,200 crore, the facility will focus on the production of high-purity solar ingots and wafers, which form the critical foundation of the solar photovoltaic value chain. By strengthening domestic capabilities in these upstream components, the project will significantly reduce India`s reliance on imported materials, enhance supply chain stability, and support the nation`s long-term goal of achieving energy security through self-reliant clean energy manufacturing. Once operational, the facility is expected to generate over 8,000 direct and indirect employment opportunities, contributing to regional economic development, skill creation, and industrial growth in Maharashtra.Powered by Capital Market - Live News

Waaree Forever Energies, a wholly owned subsidiary of Waaree Energies has received intimation of Letter of Award (LoA) on 24 February 2026 from Solar Energy Corporation of India for development of 300MW Wind Power Project in Dwarka, Gujarat. Powered by Capital Market - Live News

Waaree Energies has received an order on 23 February 2026 for supply of 500MW solar modules from a renowned customer who is a solar power developer and engaged in the business of Independent Power Producer.Powered by Capital Market - Live News

Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies has received an order on 04 February 2026 for supply of 150MW solar modules from a renowned customer who is a solar power developer and engaged in the business of Independent Power Producer.Powered by Capital Market - Live News

Net profit of Waaree Energies rose 115.64% to Rs 1062.46 crore in the quarter ended December 2025 as against Rs 492.69 crore during the previous quarter ended December 2024. Sales rose 118.81% to Rs 7565.05 crore in the quarter ended December 2025 as against Rs 3457.29 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales7565.053457.29 119 OPM %25.4920.88 - PBDT2031.06778.86 161 PBT1763.80689.81 156 NP1062.46492.69 116 Powered by Capital Market - Live News