Solar module manufacturer Waaree Energies has secured separate orders to supply 220 MW, 210 MW, and 140 MW of solar modules from undisclosed customers engaged in owning, developing, and operating renewable power projects in India.

The company’s wholly owned subsidiary, Waaree Solar Americas, has also received orders to supply 122 MW modules from a developer and owner-operator of utility-scale solar and energy storage projects across the U.S.

Waaree said these orders will be completed by the financial years (FY) 2026 and FY 2027.

The company’s manufacturing capacity comprises 18.7 GW of solar modules and 5.4 GW of solar cells. It has an order book of approximately 24 GW, worth approximately ₹470 billion (~$5.35 billion).

Waaree’s quarterly module production stood at 2.6 GW, compared to 1.9 GW in the second quarter (Q2) of FY 2025.

The company recently commenced commercial operations at its 950 MW solar module manufacturing plant in the Navsari district of Gujarat.

It has also announced building upstream capacity in ingots and wafers up to 10 GW by FY 2027.

In June, Waaree Solar Americas received an order to supply 540 MW of solar modules from a U.S.-based developer of utility-scale solar and energy storage projects. Of the total 540 MW, 270 MW will be supplied by the end of 2025. The remaining 270 MW will be supplied between 2027 and 2028.

In the same month, the company secured a supply order for 599 MW of solar modules from another U.S.-based solar developer. It stated that the modules would be manufactured in Waaree’s manufacturing facility in Brookshire, Texas. The modules are expected to be delivered by 2026.

According to Mercom’s India Solar Market Leaderboard 2025, Waaree Energies topped the list of leading Indian module suppliers in 2024. The company accounted for 10.7% of module supply in India.

Waaree invested ₹3 billion (~$33.79 million) in its subsidiary, Waaree Energy Storage Solutions, to establish a lithium-ion advanced chemistry storage cell manufacturing plant.