Archive · 20 Jul 2025
Waaree Renewable Seeks West Asia EPC Projects, Reports Strong Q1 Results
Waaree Renewable Technologies, a company that helps build solar power projects, is looking to expand its business.
They're checking out opportunities in West Asia and have already set up a team in the UAE.
They also signed a deal in Vietnam and expect to get a firm order soon.
The company has a lot of projects lined up, with orders for 595 MW in the last quarter, and their order book is currently at 3.15 GW.
Business is booming, and the company's profits have tripled, with revenues increasing significantly in the first quarter of this year.
Waaree Renewable Technologies is exploring EPC project opportunities in West Asia.
The company has established a team in the UAE.
Waaree Renewable signed a non-binding letter of intent in Vietnam.
WRTL's order book stands at 3.15 GW as of June 30.
The company's Q1FY26 net profit tripled to Rs 86 crore.
- Who
- Waaree Renewable Technologies.
- What
- Waaree Renewable Technologies is expanding into West Asia and experiencing significant financial growth.
- When
- During Q1FY26.
- Where
- West Asia, UAE, Vietnam.
- Why
- To expand its business and capitalize on growing opportunities in the solar energy sector.
- Order Book
- 3.15 GW (as of June 30)
- Q1FY26 Net Profit
- Rs 86 crore
- Q1FY26 Revenue Increase
- 156%
- Operations & Maintenance Portfolio
- 800 MW
- Own Power Projects Under Execution
- 55 MW