Highlights
- Waaree Solar Americas secured an international order for 236.22 MW solar modules.
- The order will be executed during Q1 and Q2 of FY2027-28.
- The customer develops and manages sustainable renewable energy infrastructure.
Waaree Energies Ltd. (NSE:WAAREEENER) has informed the National Stock Exchange (NSE) and BSE that its wholly owned subsidiary, Waaree Solar Americas Inc., has received an international order for the supply of 236.22 MW solar modules. According to the exchange filing dated June 30, 2026, the subsidiary received the order on June 29, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Source: Analysis by Kalkine
236.22 MW Supply Order Detailed
The order has been awarded by an international customer described by the company as a renowned entity that develops and manages sustainable infrastructure solutions, particularly in the renewable energy sector. Waaree Energies did not disclose the customer's identity or the financial value of the contract. The company stated that the contract is a one-time order for the supply of 236.22 MW solar modules.
Execution Timeline for FY2027-28
According to the exchange filing, the supply of the solar modules is scheduled to take place during the first and second quarters of the financial year 2027-28. Apart from the delivery schedule, the company did not disclose additional commercial terms or pricing details related to the order.
Disclosure Under SEBI Regulations
The company made the disclosure in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable SEBI circular governing material events. It further informed investors that details of the order would also be made available on its official website.
Key Risks
- Project execution delays could affect scheduled module deliveries.
- Supply chain disruptions may impact manufacturing timelines.
- International trade policies could influence cross-border shipments.
- Currency fluctuations may affect overseas contract economics.
Summary
Waaree Energies (NSE:WAAREEENER) announced that its wholly owned subsidiary, Waaree Solar Americas Inc., has secured an international order to supply 236.22 MW solar modules. The supply is scheduled during the first two quarters of FY2027-28. The company did not disclose the contract value or customer identity and confirmed that the transaction does not involve any related party relationship.
FAQs
Q: Who received the new solar module order announced by Waaree Energies?
A: Waaree Solar Americas Inc., the wholly owned subsidiary of Waaree Energies, received the international order to supply 236.22 MW solar modules.
Q: When will the solar modules be supplied?
A: The company stated that the delivery of the 236.22 MW solar modules is scheduled during the first and second quarters of FY2027-28.
Q: Did Waaree Energies disclose the customer name or contract value?
A: No. The company did not disclose the identity of the customer or the financial value of the international order in its exchange filing.