🟢 At a Glance:
Waaree Energies’ US arm just bagged a 586 MW solar module order worth $176 million (~â‚ą1,470 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 (â‚ą1,470+ 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
