Waaree Energies Wins 599 MW Solar Module Order in U.S.
Published · 2 min read
Indian solar giant Waaree Energies Ltd. has secured a fresh contract to supply 599 megawatts (MW) of solar modules. This deal, confirmed on June 11, 2025, is with a U.S.-based independent power producer (IPP). The solar panels will be built at Waaree’s Brookshire, Texas plant and delivered in 2026 calendar year
Why It Matters
- It boosts Waaree’s total orders to over 1.2 GW in the first quarter of fiscal year 2025–26.
- It shows growing demand in the U.S. for reliable, locally made solar modules.
- It pushes Waaree’s Brookshire plant toward its new goal of 3.2 GW production capacity by end‑2025.
Detailed Insights
| Item | Details |
| Quantity | 599 MW of solar modules |
| Recipient | U.S.-based IPP developing large solar and storage projects |
| Manufacturing Site | Brookshire, Texas |
| Delivery Time | Throughout 2026 |
| Quarterly Order Total | Surpassed 1.2 GW in Q1 FY25–26 |
| Capacity Expansion Plan | From 1.6 GW to 3.2 GW by Dec 2025 |
Market Reaction
Investors responded quickly. Waaree Energies’ shares surged more than 4 % on the Bombay Stock Exchange, reaching ₹2,955 by midday trading. Trading volumes also spiked, with 171,000 shares changing hands—higher than the two‑week average of 141,000
Strategic Growth
The deal is part of Waaree’s larger plan:
- Double U.S. capacity—move from 1.6 GW to 3.2 GW by year‑end 2025
- Strengthen supply chain security for U.S. customers.
- Complement earlier 586 MW order secured earlier this month
- Benefit from rising demand from data centers, infrastructure, and industrial electrification in the U.S.
Leadership Speaks
Sunil Rathi, President of Waaree Solar Americas, said:
“Our Brookshire facility is uniquely positioned to meet rising demand with high‑quality, American‑made modules. This will create jobs and help secure supply.”
Global Standing and Future Plans
Waaree has strong credentials:
- Global solar module capacity of ~15 GW, including 1.6 GW in Texas
- 1.4 GW cell manufacturing capacity in India; plans to expand to 5.4 GW
- Building a 5.4 GW cell gigafactory in Chikhli, Gujarat
- Potential new 6 GW ingots and wafers plant by FY2027
It was recently named the top performer in the 2025 PV Module Index Report by RETC—known for its rigorous durability and quality tests.
Benefits to U.S. Clean Energy
This supply deal helps U.S. clean energy goals by:
- Supporting utility‑scale solar projects and storage integration.
- Reducing reliance on module imports from unstable supply chains.
- Helping states and businesses meet clean‑energy targets.
Outlook and Conclusion
This is not just a one‑off win. Waaree has already booked over 1.2 GW in Q1. It also made a prior deal for 586 MW modules .
With strong financial health—net cash of ₹510 Cr and a ₹47,000 Cr order book (~25 GW)—the company is well placed to scale further
Clearly, Waaree is on track to be a key player in the global solar shift.
For more on Waaree Energies and its plans, visit waaree.com.
