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Waaree Energies eyes solar cell unit in the US
Waaree Energies is planning significant expansion in the US. The company may build a solar cell manufacturing facility there. This follows an increase in module manufacturing capacity. Waaree aims to boost its market share in the growing US solar market. The company is also focusing on an energy transition ecosystem in India.
Q4 Results Highlights: Indegene profit falls 32%, RPG Life revenue up 24%
Q4 Results Highlights: Major companies including Bajaj Finance, Adani Power, Vedanta, MOIL, Mphasis, Navin Fluorine, Waaree Energies and Bandhan Bank reported their Q4 earnings on Wednesday, while a host of financial, energy and midcap firms also announced results, keeping markets active ahead of a holiday-shortened week.
Premier, Waaree Energies shares have limited upside; JM Financial prefers these names instead
The brokerage expects the sector to see capital expenditure over the next five years, as companies build a competitive and integrated solar manufacturing ecosystem in India. This, it believes, will act as a key entry barrier and a differentiator among players.
Waaree Energies commissions 3000 MW solar module facility in Gujarat
Waaree Energies has commenced operations at its 3000 MW solar module facility in Gujarat, marking a key capacity addition as the company scales up manufacturing amid ongoing expansion plans.
Waaree Energies shares rocket 12%, up 18% in 3 sessions! What’s behind the stellar rally?
Waaree Energies shares climbed significantly on Wednesday. This surge follows the company's announcement of a major solar ingot and wafer manufacturing facility in Nagpur. The 10 GW capacity unit is set to boost India's clean energy manufacturing. Additionally, Waaree Energies is now the title sponsor for Rajasthan Royals. This partnership aims to promote clean energy as a people's movement.
Italian energy major Enel files international arbitration against Waaree Energies
Italian energy giant Enel SpA has launched arbitration proceedings against solar manufacturer Waaree Energies Ltd. The case, filed in London, concerns alleged loss of profits following a failed acquisition of Enel's Indian renewable arm. Waaree Energies disputes the claims and plans to contest them. The financial impact remains undetermined pending the arbitration outcome. Waaree will explore all legal options.
Waaree Energies subsidiary to invest $30 million in United Solar Holdings
Waaree Solar Americas Inc. subscribed to 5.37 million Series B shares of United Solar Holdings for $30M. Shares of Waaree Energies Ltd ended higher on Tuesday, March 10, by 2.27% at ₹2,658.10 on the NSE.
Waaree Energies to Premiere Energies: Which solar stocks to bet on amid supply glut & US duty overhang?
Indian solar stocks face pressure from oversupply and a US duty overhang, impacting companies like Waaree Energies and Premier Energies. While domestic module capacity outstrips demand, new US tariffs on certain imports add uncertainty. Experts suggest integrated players and those with diversified markets are better positioned for the evolving sector.
Waaree Energies, Premier Energies Share Price Rebound: Solar Stocks Stabilise in Stock Market Today - Samco
Waaree Energies, Premier Energies Share Price Rebound: Solar Stocks Stabilise in Stock Market TodaySamco
Waaree, Premier Energies shares rise 2% as brokers brush off US CVD fears
Indian solar energy stocks saw gains on Thursday. Brokerages reassured investors, downplaying the impact of new US import duties. Companies like Waaree Energies and Premier Energies are expected to remain largely unaffected. This is due to their sourcing strategies and limited reliance on Indian-made solar cells for US exports.
Waaree Energies says 126% US Solar duty will not apply to the company; Stock recovers
Waaree Energies has capacities in the US market. During the December quarter earnings call, the management had said that the US is an important market for the company, and they are not only manufacturing there, but also doubling down on their investments.
Waaree Energies wins 300 MW wind power project in Gujarat with 25-year supply deal
Waaree Forever Energies got SECI's nod for a 300 MW wind project in Gujarat; Waaree Energies won a 500 MW solar order. Shares of Waaree Energies Ltd ended higher on Tuesday, February 24, by 4.26% at ₹3,040.00 on the NSE.