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Waaree 2.0 Integrated Energy Transition Capex Plan

Sector: Hydrogen • Location: Mumbai, Maharashtra, India

Source: Scanx

Project
Planned

Waaree Energies Ltd. announced a strategic capital expenditure roadmap named 'Waaree 2.0' involving approximately $3.5 billion over two years to expand manufacturing capacity across multiple segments including battery energy storage systems, electrolysers for green hydrogen, inverters, transformers, power infrastructure, and vertical integration of the solar value chain. The plan targets becoming

Status
Prospective
Sector
Hydrogen, Energy Storage, Power Generation (CCGT), Solar, Manufacturing (Industrial)
Location
Mumbai, Maharashtra, India
Updated
22 Jul 2026
Source
Scanx

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The project “Waaree 2.0 Integrated Energy Transition Capex Plan” is an infrastructure initiative in the Hydrogen sector, located in Mumbai, Maharashtra, India. Taiyo aggregates data on it from Scanx.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Waaree Energies Ltd. announced a strategic capital expenditure roadmap named 'Waaree 2.0' involving approximately $3.5 billion over two years to expand manufacturing capacity across multiple segments including battery energy storage systems, electrolysers for green hydrogen, inverters, transformers, power infrastructure, and vertical integration of the solar value chain. The plan targets becoming India's largest module manufacturer with significant capacity expansions in cells, BESS, transformers, inverters, and electrolysers, along with a strategic investment in a polysilicon plant.

Original sector

Energy

Budget

Location

Country

India

State

Maharashtra

City

Mumbai

Source

Source

Scanx

URL

More Details

Record type

Project

Sector

Hydrogen, Energy Storage, Power Generation (CCGT), Solar, Manufacturing (Industrial)

Article published date

2026-05-09

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