Waaree Energies Limited is India's largest manufacturer of solar PV modules, engaged in the production of solar photovoltaic modules and setting up solar energy projects. The company showcases a robust 70% YoY revenue growth, reflecting its strategic capacity expansions and strong market demand for solar solutions.

In a transformative phase, the company plans a significant capital expenditure of ₹25,000 crore, aiming to strengthen its positions in storage cells, energy inverters, and green hydrogen electrolyzers, indicating a diversified approach to renewable energy.

Backed by a hefty order book of ₹47,000 crore, the company’s robust demand prospects are supported by domestic incentives like GST cuts and international policies, particularly in the US, underscoring a favorable business landscape.

The company has also made strategic acquisitions of Meyer Burger US assets and engaged in partnerships to enhance its technological capability and market reach, demonstrating a holistic growth strategy aimed at consolidating its market leadership.