Shares of Waaree Energies jumped 8% after its US arm, Waaree Solar Americas, bagged a massive order worth $176 million.
The deets: the order is for supply of 586 MW solar modules to a major player in the US solar and energy storage space.
Think of solar modules as the building blocks of solar power plants, the actual panels that convert sunlight into electricity.
Now, 586 MW is enough solar power to light up over 4 lakh homes or offset over half a million tons of CO₂ every year.
Zoom out: Waaree is one of India’s biggest solar panel makers, with a strong presence in both domestic and international markets. Their modules are known for being efficient, durable, and trusted across utility, rooftop, and off-grid solar projects.
