Waaree Energies ₹30,000 Crore Integrated Clean Energy Expansion

planned

Waaree Energies plans to invest ₹30,000 Crore over 18-24 months to expand its renewable energy capabilities including increasing solar cell capacity to 15 GW, starting 10 GW ingot and wafer production, expanding module manufacturing to 28 GW, entering battery manufacturing with 3.5 GW LFP cell capacity targeting 16.5 GW by FY28, and initiating a 1 GW hydrogen electrolyzer project. The company also plans to establish new factories in the US and acquire stake in a polysilicon plant in Oman to achieve end-to-end integration from raw materials to final products.