Its wholly-owned subsidiary, Waaree Forever Energies Private Limited (WFEPL), has successfully incorporated eight new wholly-owned entities. Financial StandingThis strategic move by Waaree Energies is underpinned by its robust financial performance and order pipeline. As of September 30, 2025, the company commanded an impressive order book totaling ₹47,000 crore for solar photovoltaic (PV) modules. Waaree Energies, with a market capitalization exceeding ₹73,000 crore, is actively enhancing its manufacturing footprint. Company ProfileEstablished in 1990, Waaree Energies is recognized as India's largest manufacturer and exporter of solar PV modules.

Source: Economic Times January 17, 2026 01:13 UTC