Environment

Waaree Energies bags order to supply 1 GW solar PV module

Waaree Energies has secured a 1 GW solar PV module supply order from an Indian renewable energy company. The modules will be delivered during FY 2024-25 and FY 2025-26. Following the announcement, the company's shares saw a 2.25% increase, reaching Rs 2,965.85 on the BSE.

Waaree Energies on Monday said it has secured an order to supply solar PV modules of up to 1 GW capacity from a domestic firm which is into renewable energy projects . According to a regulatory filing, the company has received an order for supply of solar modules up to 1 GW from a renowned customer engaged in the business of owning, developing and operating renewable power projects in India. The supply of solar modules is scheduled to commence in FY 2024-25 and FY 2025-2026, the filing said.

Shares of the company were trading 2.25 per cent higher at Rs 2,965.85 apiece on the BSE .

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