Waaree Energies’ US arm bags 540 MW solar module order from American developer

Waaree Energies Ltd. on Friday said that its US-based subsidiary, Waaree Solar Americas, has bagged a 540 megawatt (MW) solar module supply contract from a prominent American developer of utility-scale solar and energy storage projects.

According to the company’s stock exchange filing, the contract will involve phased delivery—270 MW in 2025 and the remaining 270 MW during 2027–2028. The order was finalised on June 27 and falls under a one-time international supply arrangement.

This adds to a series of international wins for Waaree. In recent weeks, the company secured multiple large orders in the US, including a 586 MW and a 599 MW module supply deal. It also plans to double its manufacturing capacity at its Brookshire, Texas facility to 3.2 GW by the end of 2025.
Also Read: Waaree Renewable’s solar EPC order revised upwards by ₹247 crore to ₹1,480 crore

Earlier last week, Waaree had also reaffirmed its compliance with US trade norms, including Foreign Entity of Concern (FEOC) regulations, and stated it holds an order book of 25 GW through 2027.

At 1:51 PM, shares of Waaree Energies Ltd. were trading at ₹2,941.30, down 0.19% on the NSE.