Waaree Energies Secures 236.22 MW International Solar Module Order; Shares Rise

Mumbai, June 30: Waaree Energies Ltd said its wholly owned subsidiary, Waaree Solar Americas Inc., has secured an international order to supply 236.22 MW of solar modules to a customer engaged in developing and managing sustainable infrastructure projects.

According to the company’s exchange filing, the order was received on June 29, 2026, and involves the supply of solar modules for a one-time project. Deliveries are scheduled across the first and second quarters of FY2027-28.

While the company did not disclose the customer’s identity due to commercial considerations, it described the buyer as a renowned international developer focused on renewable energy infrastructure.

The order further strengthens Waaree’s overseas business as the company continues to expand its presence in key international solar markets. Waaree also clarified that neither its promoters nor promoter group entities have any interest in the customer and that the transaction does not qualify as a related-party deal.

Waaree Energies Share Price

The order announcement kept the stock in focus during Tuesday’s trading session.

As of 9:16 AM IST on June 30, 2026, the Waaree Energies share price was trading at ₹2,908.40, up ₹22.30 or 0.77% from the previous close.

The positive opening reflected investor optimism around the company’s steady order inflow and expanding international business. Fresh export orders are closely tracked by the market as they provide visibility into future revenue and reinforce demand for the company’s solar manufacturing capabilities.

Company Background

Waaree Energies is one of India’s leading solar module manufacturers, with operations spanning solar PV module manufacturing, EPC services and renewable energy solutions. Through its domestic and international subsidiaries, the company serves customers across utility-scale, commercial and industrial solar projects.

The company has been expanding its manufacturing capacity and strengthening its global presence to capitalise on rising demand for renewable energy solutions across international markets.

Conclusion

The latest international order adds to Waaree Energies’ growing overseas order book and reinforces its position in the global solar supply chain. As execution progresses over FY2027-28, investors will be watching for further international wins and updates on the company’s expanding manufacturing and export business.

Source:

• https://www.nseindia.com/get-quote/equity/WAAREEENER/Waaree-Energies-Limited
• https://nsearchives.nseindia.com/corporate/WAAREE_30062026075910_ReceiptofOrderJune302026.pdf