🟢 At a Glance:
Waaree Energies’ US arm just bagged a 586 MW solar module order worth $176 million (~₹1,470 crore). Massive number? Yes. Immediate revenue? Not quite. Supply begins in FY2026–27. So the market clapped… then slowly sat back down.
📦 What’s the Deal?
- Subsidiary: Waaree Solar Americas
- Buyer: A “renowned US-based utility-scale solar and energy storage developer” (unnamed)
- Scope: One-time 586 MW module supply
- Value: $176 million (₹1,470+ crore at current FX)
- Start: FY2026–27 (not FY26)
- Duration: Not disclosed, but expected over multiple months
- Status: Binding supply order received
This is not a tender, not an MOU. It’s a real order. But it’s next year’s story.
📊 What 586 MW Means in Desi Terms
| Metric | Value |
|---|---|
| Panels Supplied | ~11.7 lakh solar panels |
| CO₂ Avoided | ~11.7 lakh tons over 25 years |
| Households Powered | ~1.2 lakh homes |
| Trucks Needed | Literally hundreds, maybe over 1,000 |
This isn’t rooftop solar. This is grid-scale energy disruption.
💵 Why $176 Mn Is Big (But Also Slow)
- Largest single order yet from US for
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