Waaree Energies Secures 540 MW US Order: What It Means for Shareholders and Investors
Waaree Energies Ltd., a leading Indian solar panel manufacturer, continues to strengthen its international footprint. In its latest move, the company’s wholly-owned US subsidiary, Waaree Solar Americas, has secured a significant 540 MW solar module supply order from a major American developer. The announcement, made via stock exchange filing on June 27, 2025, marks another milestone in Waaree's global ambitions.
🚀 What's in the Deal?
The newly secured order will see 270 MW of modules delivered in 2025 and the remaining 270 MW across 2027 and 2028. This phased delivery under a one-time international supply agreement reaffirms Waaree’s capacity to deliver on large utility-scale solar projects.
The unnamed US client is a renowned developer and owner-operator of utility-scale solar and energy storage projects. This strengthens Waaree’s positioning in the competitive North American solar market—especially significant considering the strict compliance norms like the Foreign Entity of Concern (FEOC) regulations.
📈 Impact on Waaree Energies Share Price
As of 1:51 PM on June 27, Waaree Energies Ltd.’s share price was trading at ₹2,941.30 on the NSE, showing a marginal dip of 0.19%. Despite the slight intraday correction, long-term sentiment remains bullish, especially given the company’s expanding order book and global visibility.
With an order book of 25 GW through 2027, the solar major is positioning itself as a trusted supplier in global energy transformation efforts.
🏭 US Manufacturing Capacity Expansion
Waaree has ambitious plans for its US-based manufacturing facility in Brookshire, Texas. The company has announced its intent to double its capacity to 3.2 GW by the end of 2025. This not only reduces logistical costs for North American clients but also aligns with the US government's clean energy goals and incentives.
In recent weeks, Waaree Solar Americas has bagged other major US orders—586 MW and 599 MW solar module supply deals—further solidifying its role as a preferred supplier for utility-scale developers in the region.
📊 Waaree Energies IPO and Market Outlook
The buzz around the potential Waaree Energies IPO continues to grow. As investor interest in clean energy stocks increases, Waaree stands out for its consistent global wins and robust manufacturing base.
For those searching terms like “waaree energies share price,” “waaree ipo,” “waaree solar share price,” or “waaree energies limited”, it’s clear that the company’s strategic moves are placing it firmly in the spotlight. Analysts believe the company could soon be a strong candidate for long-term green energy portfolios.
🌍 Why This Matters Globally
The global solar energy market is expected to reach over $300 billion by 2030, and Indian manufacturers like Waaree Energies are poised to play a critical role. With a well-diversified client base, regulatory compliance in the US, and strong technological capabilities, Waaree is positioning itself as a global solar powerhouse.
🔚 Conclusion
The 540 MW US order marks a pivotal moment for Waaree Energies. As the clean energy wave gains momentum globally, Indian companies with international compliance and strong supply chains will lead the charge. Investors and stakeholders should keep a close eye on the company, especially as the Waaree IPO nears and more international orders flow in.
Disclaimer: This article is for informational purposes only. Please consult a financial advisor before making any investment decisions.
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