Archive · 3 Oct 2025
Waaree Energies Stock Jumps on Expansion Plans
Waaree Energies, a solar and clean-energy company, is investing a large sum, about ₹8,175 crore, to grow its business.
This money will be used to make more batteries that store energy, expanding from 3.5 GWh to 20 GWh.
They will also produce more equipment for hydrogen and inverters.
This news caused the company's stock price to increase by over 4 percent.
The company is increasing its investments to expand its solar business.
Waaree Energies' shares increased by up to 4.1% on Friday.
The company's board approved a significant expansion of its battery, electrolyzer, and inverter businesses.
The Lithium Ion/BESS manufacturing capacity will increase from 3.5 GWh to 20 GWh.
Electrolyser output will rise from 300 MW to 1,000 MW.
Inverter manufacturing capacity will increase from 3 GW to 4 GW.
- Who
- Waaree Energies
- What
- Announced a major expansion plan
- When
- October 2024
- Where
- India
- Why
- To increase clean energy manufacturing capacity
- Investment Amount
- ₹8,175 crore
- Lithium Ion/BESS Expansion
- From 3.5 GWh to 20 GWh
- Electrolyser Capacity Increase
- From 300 MW to 1,000 MW
- Inverter Capacity Increase
- From 3 GW to 4 GW
- Stock Price Increase
- 4.1%
