waaree

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Daily News Wrap-Up: Lowest Wind-Solar Hybrid Tariffs in India During 2023

There has been an increase in wind-solar hybrid projects to meet the round-the-clock renewable energy demand in India. The lowest tariff discovered in wind-solar hybrid...

January 2, 2024

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Mercom Staff

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Daily Wrap-up
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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Daily News Wrap-Up: Leading Solar EPC Companies in 1H 2023

Prozeal Green Energy, Tata Power Solar, Vikram Solar, Waaree Renewable Technologies, and Opera Energy emerged as the top utility-scale solar engineering, procurement,...

November 10, 2023

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: Coal Ministry to Use Surplus Land for Renewable Projects

The Ministry of New & Renewable Energy (MNRE) and the Ministry of Coal have announced they would work together to promote green energy initiatives. At a meeting...

October 30, 2023

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Mercom Staff

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Daily Wrap-up
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Waaree Renewable Tech’s Profit Surges by 124% YoY in Q2 FY24

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹182.9 million (~$2.2 million)...

October 27, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: India Generates 30 BU of Solar Energy in Q2 2023

About 30 billion units of solar energy were generated in the second quarter of the calendar year 2023, a 20.8% YoY increase. Solar generation increased 5.5%...

August 8, 2023

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Satish Shetty

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Daily Wrap-up
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Daily News Wrap-Up: Corporate Funding for Energy Storage Rises 67% YoY in Q2

In the first half (1H) of 2023, corporate funding for energy storage companies reached an impressive $7.1 billion across 59 deals, according to Mercom Capital Group’s 1H...

July 26, 2023

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Mercom Staff

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Daily Wrap-up
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EPC Projects Drive Waaree’s Profit Up 12% YoY in Q1 FY 2024

Waaree Renewable Technologies, the solar engineering, procurement, and construction (EPC) arm of the Waaree Group, posted a net profit of ₹111 million (~$1.36 million)...

July 25, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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MNRE Updates ALMM with 14 New Solar Module Manufacturers

The Ministry of New and Renewable Energy (MNRE) has issued an updated list of models and module manufacturers under the Approved List of Models and Manufacturers (ALMM)...

January 25, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: Waaree to Expand its Solar Module Production Line to 12 GW

Here are some noteworthy cleantech announcements of the day from around the world: Solar module manufacturer Waaree Energies plans to ramp up its module production line...

December 21, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-UP: Waaree Bags EPC Contract for a 52.5 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Waaree Renewable Technologies, the engineering, procurement, and construction (EPC)...

November 29, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Waaree’s Profit Rises by 90% in Q2 FY23 Due to Solar EPC Segment Earnings

Waaree Renewable Technologies, the engineering, procurement, and construction (EPC) arm of Waaree Group, posted a net profit of ₹81.59 million (~$1 million) in the...

November 14, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: S&P Global Commodity Insights Launches REC Price Assessments in India

Here are some noteworthy cleantech announcements of the day from around the world: S&P Global Commodity Insights announced an independent suite of price assessments...

September 8, 2022

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Satish Shetty

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Other

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Renewable Energy
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Waaree Energies Gets Legal Nod to Acquire Solar Cell Producer Indosolar

Waaree Energies, a solar module manufacturer, announced the approval from the National Company Law Tribunal (NCLT) to acquire solar cells manufacturer—Indosolar. The...

May 30, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Daily News Wrap-Up: SEBI Approves Solar Module Manufacturer Waaree’s IPO Proposal

Here are some noteworthy cleantech announcements of the day from around the world: Indian solar module manufacturer Waaree Energies has received approval from markets...

January 12, 2022

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Harsh Shukla

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Other

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Renewable Energy

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