In Q3 2025, Indian module manufacturers accounted for over 95% of market shipments. Waaree led the pack, powered by its advanced, backward-integrated manufacturing capabilities, robust supply chain, and reputation for quality and innovation.

India’s Solar Surge: Industry Context

India’s solar sector witnessed addition of approximately 8.06 GW utility-scale and 2.7 GW rooftop solar capacity this quarter, pushing cumulative installations to 127 GW as of September 2025. Waaree’s ongoing market leadership reflects the company’s exceptional execution as the country accelerates towards its 500 GW renewable energy target.

Driving the Manufacturing Renaissance

During Q3, Waaree added another 1.8 GW of module capacity and 4.2 GW of cell manufacturing, reinforcing the brand’s commitment to India’s solar self-reliance. The company exported 37.9% of its Q3 module production even in a challenging global trade environment, highlighting its global competitiveness and innovation edge.

Waaree has evolved into a comprehensive energy transition company offering solar EPC solutions, battery energy storage systems, transformers, solar inverters, green hydrogen solutions, and energy infrastructure including developing data centre capabilities. This integrated portfolio enhances Waaree’s ability to support India’s clean energy ambitions with end-to-end, future-ready solutions

“Waaree’s continued leadership in the Indian solar module market underlines our commitment to powering the nation’s clean energy transformation and building for the world. As the sector expands at record pace, we remain focused on scale, quality, and innovation that drive value for customers and the energy ecosystem,” said Mr. Sunil Rathi, Executive Director, Waaree. 

With JMK Research projecting 41.5 GW of additional solar capacity to be installed in FY2026, Waaree is set to play a critical role in supporting India’s future-ready, Atmanirbhar (self-reliant) solar vision.

The post Waaree Continues Its Market Leadership, Ranked India’s No. 1 Solar Module Supplier in Q3 2025 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

The order, set for delivery in the calendar year 2025, includes the cutting-edge Topcon 580Wp Bifacial Glass modules. These high-efficiency solar modules are designed to maximize energy production, making them an ideal choice for large-scale solar projects.

Waaree’s Topcon 580Wp Bifacial Glass modules are engineered for durability and performance, allowing for enhanced energy generation and reduced environmental impact. As India continues to ramp up its renewable energy efforts, partnerships like this are essential for meeting the country’s ambitious solar targets.

Acknowledged as a Tier 1 solar module manufacturer by Bloomberg New Energy Finance (BNEF), Waaree operates a NABL-accredited testing lab, ensuring the highest levels of quality assurance.

Speaking on the occasion Dr Amit Paithankar, CEO, Waaree Energies Limited, said “This is a very substantial business added to our order book. We will keep ensuring that we serve our customers relentlessly and meet their delivery expectations by supplying highest quality solar modules. This order is another step towards reducing of GHG emissions and promoting sustainable living.”

The post Waaree Energies Limited Secures 1 GW Solar Module Order from Renowned Developer appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, September 13, 2024 – Waaree Energies Limited, India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW as of June 30, 2023 (Source: CRISIL Report), proudly announces its inclusion in the RETC PV Benchmarking Report 2024. As the only Indian solar panel manufacturer included in this report, Waaree Energies Limited reaffirms its role in solar technology, underscoring its commitment to quality, reliability, and performance.

Waaree Energies Limited has been rated as the Overall Highest Achiever in the PVMI Report 2024, a recognition that highlights the company’s performance across certain key areas evaluated. This award has been presented during the RE+ event in Anaheim Convention Center, Los Angeles, USA. The RETC PV Benchmarking Report is a rigorous and respected evaluation that assesses solar PV module manufacturers worldwide. It identifies companies that meets the criteria’s in key performance metrics, quality standards, and reliability measures.

Waaree Energies Limited has been rated for its performance across critical areas, including Thermal Cycling (TC), Damp Heat (DH), Potential Induced Degradation (PID), Light-Induced Degradation (LID), Light and Elevated Temperature-Induced Degradation (LeTID), PAN File, Incidence Angle Modifier (IAM), and Bill of Materials (BOM) Verification.

The post Waaree Energies Limited: The Only Indian Solar Panel Manufacturer Recognized in RETC PV Benchmarking Report 2024 appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Commenting on the partnership, Mr Sunil Rathi, Director – Sales, Waaree Energies Limited, stated, “Partnering with Mahindra Susten is a source of great pride for our company. We believe that this collaboration represents a step forward in advancing India’s clean energy transition. By supplying 280 MW of our ELITE Series modules, we demonstrate our commitment to India’s sustainable energy mission. At the core of our company’s vision is an advocacy for widespread adoption of eco-friendly energy solutions through strategic partnerships. This partnership is expected to showcase not only our technological capabilities, but also our belief in crafting a greener and more energy-efficient future for all. Together, we shall aspire to redefine the landscape of clean energy solutions, fostering innovation and sustainability for generations to come.”

Mr. Deepak Thakur, Managing Director & CEO of Mahindra Susten, expressed his enthusiasm, “We are pleased to announce our second order this financial year with Waaree Energies Limited. This collaboration represents an important move in our commitment to ‘Atmanirbhar Bharat,’ utilising Waaree’s ‘Made-in-India’ products. Both companies are committed to building renewable energy projects. This order further strengthens our partnership and propels Mahindra Susten’s efforts to advance multiple IPP renewable energy projects within its development pipeline, contributing to India’s energy transition.”

Waaree Energies Limited’s ELITE Series modules feature N-Type TopCon technology, providing performance, durability, and a 30-year output performance warranty. We believe that this agreement solidifies Waaree Energies Limited’s reputation for reliability in the solar energy sector and is expected to have an impact on India’s renewable energy landscape, and contribute to advancing the nation towards a greener and more sustainable future.

The post Waaree Energies Limited to supply 280 MW of ELITE Series Solar Modules to Mahindra Susten appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.