waaree-energies

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Daily News Wrap-Up: DCR Module Costs, Shortages Hit Solar Programs

The PM Surya Ghar: Muft Bijli Yojana and the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan are the government’s key initiatives to help homeowners and...

February 4, 2025

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Mercom Staff

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Daily Wrap-up
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Module Sales Drive Waaree Energies’ Profit Up 260% in Q3 FY 2025

Waaree Energies’ net profit for the third quarter (Q3) of the financial year (FY) 2024-25 rose 260% to ₹5.07 billion (~$58.54 million) from ₹1.41 billion (~$16.28...

February 3, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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Waaree Energies Acquires Enel Green Power India for ₹7.92 Billion

Solar module manufacturer Waaree Energies has entered into a share purchase agreement with Enel Green Power Development to acquire 100% of the share capital of Enel...

January 13, 2025

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Arjun Joshi

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Finance and M&A

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Solar

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Wind
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Waaree Secures 2 GW Solar EPC Contract from Jindal Renewables

Waaree Renewables Technologies (WRTL), a subsidiary of Waaree Energies, has secured an engineering, procurement, and construction (EPC) contract for a 2 GW solar project...

December 31, 2025

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Tina Freese

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Solar

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Tenders & Auctions
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Funding and M&A Roundup: Adden Energy Secures $15 Million in Series A Funding

From: Mercom Capital Group Adden Energy, a solid-state battery developer for electric vehicles, secured $15 million in Series A funding. The funding round was led by At...

October 30, 2024

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Staff

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Finance and M&A

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Solar
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Waaree Energies’ IPO Oversubscribed 76 Times

Solar module manufacturer Waaree Energies’ ₹43.21 billion (~$513.95 million) initial public offering (IPO) garnered strong investor interest from institutional and...

October 24, 2024

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Arjun Joshi

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Finance and M&A

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Other
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Daily News Wrap-Up: MERC Approves 5,991 MW of Solar Power Procurement

The Maharashtra Electricity Regulatory Commission (MERC) has given the green light for the Maharashtra State Electricity Distribution (MSEDCL) to procure an additional 5,...

September 25, 2024

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Mercom Staff

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Daily Wrap-up
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2023 Solar Module Market Leaders: Jinko, LONGi, JA Solar, Waaree and Trina

Jinko Solar, LONGi Green Energy Technology, JA Solar, Waaree Energies, and Trina Solar were the top solar module suppliers in the calendar year (CY) 2023, according to...

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Daily News Wrap-Up: Ministry Notifies Rules for Leasing Offshore Wind Sites

Leased areas for offshore wind energy projects will be valid for an initial three-year period for conducting resource measurements and surveys, according to the Offshore...

December 22, 2023

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Mercom Staff

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Daily Wrap-up
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Waaree to Build 5 GW Solar Module Manufacturing Facility in US

India-based solar module manufacturer Waaree Energies has announced it will build a 5 GW integrated solar cell and module manufacturing facility in Brookshire in the U.S....

December 21, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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Month in a Minute: Top Headlines from the Indian Renewable Sector in August 2023

Here is a recap of important headlines from August 2023: India installed 1.7 GW of solar capacity during the second quarter (Q2) of 2023, a 58% decline year-over-year...

September 1, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Funding and M&A Roundup: Electriq Power Goes Public via SPAC Deal

From: Mercom Capital Group Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger...

August 9, 2023

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Staff

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Finance and M&A

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Other
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Waaree Raises ₹10 Billion to Expand Solar Manufacturing Capacity in India

India-based solar module maker Waaree Energies has raised ₹10 billion (~$120.8 million) in a second round of equity funding led by ValueQuest, a boutique portfolio...

August 7, 2023

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Gourav Mishra

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Finance and M&A

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Manufacturing

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Solar
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Waaree Energies Raises ₹10 Billion to Expand Solar Module Manufacturing Capacity

Indian solar module manufacturer Waaree Energies has raised ₹10 billion (~$122.63 million) from various high-net-worth individuals and private offices. The proceeds will...

October 6, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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Daily News Wrap-Up: Regulator Allows Tariff of ₹8.40/kWh for a Delayed Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Karnataka Electricity Regulatory Commission (KERC) has condoned the delay in...

April 29, 2022

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Arjun Joshi

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Other

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Renewable Energy

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