Archive · 16 Dec 2025
Waaree Energies Expands Solar Capacity
Waaree Energies, a company that makes solar panels, has created a new company called Eco Flux Renewables Private Limited.
This new company was started on December 15, 2025, but it hasn't started doing business yet.
Waaree Energies also got permission to make more solar cells.
They can now make 5.25 GW of solar cells every year.
This includes two types of cells: N-type TOPCon cells and P-type PERC bifacial cells.
The company makes a lot of solar panels and has factories all over the world.
The shares of Waaree Energies went down a little bit on Monday and Tuesday.
Waaree Energies' subsidiary, Waaree Forever Energies, incorporated Eco Flux Renewables Private Limited on December 15, 2025.
Eco Flux Renewables is registered in India and has not yet commenced business operations.
Waaree Energies secured approval for 5.25 GW of solar cell capacity under the Ministry of New & Renewable Energy’s ALMM List-II.
The approved capacity includes 3,923 MW of N-type TOPCon cells and 1,328 MW of P-type PERC bifacial cells.
Waaree Energies' share price ended 1.65% lower on Tuesday at Rs 2,916.20.
- Who
- Waaree Energies and its subsidiary Eco Flux Renewables Private Limited
- What
- Incorporation of a new subsidiary company and approval for solar cell capacity
- When
- December 15, 2025
- Where
- India, registered with Registrar of Companies, Mumbai
- Why
- To facilitate and hold specific power projects under the IPP framework and expand solar cell manufacturing
- Company
- Waaree Energies
- Subsidiary
- Eco Flux Renewables Private Limited
- Incorporation Date
- December 15, 2025
- Share Price Change
- 1.65% lower
- Market Cap
- Rs 85,317 crore
- Shares Traded
- 0.32 lakh
- Turnover
- Rs 9.59 crore
- Installed Capacity
- 12 GW
- Approved Capacity
- 5.25 GW
- N-type TOPCon Cells
- 3,923 MW
- P-type PERC Bifacial Cells
- 1,328 MW
- Global Module Capacity
- 22.3 GW
- Global Cell Capacity
- 5.4 GW
