Waaree Energies, a manufacturer of solar panels, is in negotiations with HNIs and family offices to raise 1,000 crore at a value of 13,000 crore to help fund its capital expenditure plans. The transaction is intended to secure funding for Waaree’s 8,000-crore capex plan, which would see the company setContinue Reading
Waaree Energies has received permission from the National Company Law Tribunal’s (NCLT) Delhi Bench for its proposed acquisition of Indosolar. Indosolar, an Indian maker of PV cells, has suffered considerable losses, depleting its net value. It has a negative net value of INR 99,779.49 as of March 31, 2021. In October 2018,Continue Reading
Waaree Energies Ltd, country’s leading solar module maker & fastest expanding EPC Company with exposure across 68 countries has obtained clearance from markets regulator Sebi to undertake its initial public offering (IPO). In September, the business had submitted draft paperwork with Sebi. The IPO involves new issuance of shares totalingContinue Reading
Waaree Energies Limited, one of the major players in the solar energy industry in India has filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to raise funds via IPO. The issue includes a fresh issue of equity shares worth Rs 1350Continue Reading
Waaree Energies, India’s largest solar module manufacturer has Supplied 330wp & 335wp Solar modules for a project Developed by Sunbeam Real Ventures Pvt Ltd. The size of the project is 2.47 MW located at Hardoi, Uttar Pradesh. Waaree has supplied 2.47MW solar modules for this prestigious project. The project wasContinue Reading
Yingkou Jinchen Machinery Co., Ltd. (hereinafter referred to as “Jinchen”), after years of development and deep cultivation in the overseas market, its automation equipment has been widely used in the overseas photovoltaic industry, and has become a first-class manufacturer of module manufacturing equipment. Jinchen recently signed a capacity of 3Continue Reading
WAAREE Energies Ltd, has become the first module manufacturer In India to get NABL Accreditation for its PV module test lab (PMTL). This state of the art lab is located at India’s Largest Module manufacturing facility in Gujarat. The Laboratory houses world class testing equipment and is capable to performContinue Reading
Waaree Energies reported that it has landed an order to supply 300 megawatts of solar modules from an undisclosed American solar company which is worth $105 Million. These modules will be used at a project to be commissioned in California. The project is expected to be fully commissioned by lateContinue Reading
