TAG: " Amit Paithankar"

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Waaree Energies Secures 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured a 362.5 MWp solar module supply order from Khaba Renewable Energy, a subsidiary of Engie India. This order consists of the supply of advanced 600Wp Elite BiN-08 N Type TopCon solar modules, designed to enhance energy efficiency and sustainability. The supply of modules is scheduled to commence in FY 2025-26.

Amit Paithankar | February 19, 2025 | By Mrinmoy Dey | 375

Waaree Energies Becomes First Indian Solar Manufacturer to Earn ‘A’ Rating in PV Tech Bankability Rankings

Waaree Energies has attained an ‘A’ rating in PV Tech’s Bankability Rankings based on its strong financial performance and stability along with advanced manufacturing capabilities.

Amit Paithankar | February 19, 2025 | By Abha Rustagi | 766

Waaree Energies Starts Commercial Production at India's Largest Solar Cell Facility in Gujarat

Waaree Energies commences production at its 1.4 GW Mono PERC solar cell line in Chikhli, Gujarat, marking the first phase of a 5.4 GW facility. The plant strengthens India’s solar manufacturing capabilities, supporting renewable energy goals.

Amit Paithankar | February 08, 2025 | By EI News Network | 918

Waaree Energies Q3 FY25 PAT Soars 260 Percent to INR 5,069 Crore

Waaree Energies posted a 260 percent YoY PAT growth to INR 5,068.76 million in Q3 FY25, with total income rising 114.63 percent to INR 35,452.65 million. Strong execution drove 257 percent EBITDA growth. The company commenced trial production at its 5.4 GW solar cell facility and expanded US operations with module production.

Amit Paithankar | January 31, 2025 | By EI News Network | 442

Waaree Energies to Invest INR 850 Crore to Set Up Electrolyser and Lithium Ion Storage Cell Plant

Waaree Energies Ltd. has approved an INR 850 crore investment for setting up a 300 MW electrolyser manufacturing plant and a 3.5 GWh lithium-ion storage cell manufacturing plant, along with INR 130 crore in capital expenditure for its inverter business.

Amit Paithankar | December 24, 2024 | By Mrinmoy Dey | 1058

Waaree Energies Incorporate Subsidiary to Focus on Australia Market

Waaree Energies announced the formation of a new wholly-owned subsidiary Waaree Renewable Energies Australia PTY Ltd., to expand its renewable energy operations in Australia.

Amit Paithankar | December 07, 2024 | By Mrinmoy Dey | 1058

Waaree Energies to Commence Cell Manufacturing in 5.4 GW Chikhli Plant in Mid-December

Waaree Energies is set to begin operations at its 5.4 GW solar cell plant in Gujarat by mid-December 2024. Further, a 6 GW integrated facility in Odisha is in the advanced stages of planning. The company is also foraying into green hydrogen and battery energy storage systems.

Amit Paithankar | November 29, 2024 | By Mrinmoy Dey | 1343

Waaree Energies Secures 600 MWp Solar Module Supply Order

Waaree Energies Ltd. has received an order to supply up to 600 MWp of solar modules from a renowned renewable energy developer. The supply is scheduled to begin in FY 2025-2026, marking the company's second major order since its stock market debut.

Amit Paithankar | November 26, 2024 | By EI News Network | 1009

Waaree Energies Appoints Amit Paithankar as Chief Executive Officer

In his new role as Chief Executive Officer of Waaree Energies Ltd, Amit Paithankar will strive to utilize his experience and leadership to drive the company to grow in the renewable energy sector.

Amit Paithankar | May 07, 2024 | By News Bureau | 1555