- Waaree’s leadership position in India’s solar module market validates our relentless focus on innovation, quality, and scale: Dr. Amit Paithankar, Whole-time Director & CEO, Waaree Energies Limited
- The company’s focus on high-efficiency solar modules, coupled with robust quality control measures and comprehensive warranty support, has established it as the preferred choice for developers, EPCs, and end-users across India’s diverse solar market
- As India targets 500 GW of renewable energy capacity by 2030, Waaree Energies is well-positioned to play a pivotal role in this transformation
NE BUSINESS BUREAU
MUMBAI, JULY 9
Waaree Energies Limited, India’s leading clean energy transition company, has reinforced its position as the nation’s top solar module supplier, capturing a commanding 13.9% share of total module shipments in FY2025, according to the comprehensive JMK Research & Analytics Annual India Solar Report Card. This achievement solidifies Waaree’s leadership in India’s rapidly expanding solar ecosystem and demonstrates the company’s crucial role in advancing the nation’s renewable energy ambitions.
The fiscal year 2025 marked a transformative period for India’s solar sector, with the country adding an impressive 17.4 GW of utility-scale solar capacity alongside 5.1 GW of rooftop installations. India’s cumulative solar capacity reached a milestone of 85.5 GW by March 2025, with an additional 68.2 GW in the pipeline, positioning the country firmly on track to meet its ambitious renewable energy targets.
“Waaree’s leadership position in India’s solar module market validates our relentless focus on innovation, quality, and scale,” said Dr. Amit Paithankar, Whole-time Director & CEO, Waaree Energies Limited.
“This achievement represents more than market share – it embodies our commitment to powering India’s energy independence and supporting the nation’s transition to a sustainable future. Every module we manufacture contributes to India’s journey toward becoming a global renewable energy superpower,” added Paithankarr.
Driving India’s Solar Manufacturing Renaissance
Waaree’s success aligns with India’s broader solar manufacturing resurgence, as the country continues to reduce dependence on imports and build domestic capabilities. The company’s state-of-the-art manufacturing facilities, with an installed capacity of approximately 15 GW for solar PV modules globally, position it at the forefront of India’s “Atmanirbhar Bharat” vision in the renewable energy sector. Moreover, Waaree’s market leadership is underpinned by continuous innovation and technological advancement. The company’s focus on high-efficiency solar modules, coupled with robust quality control measures and comprehensive warranty support, has established it as the preferred choice for developers, EPCs, and end-users across India’s diverse solar market.
Looking Ahead: Powering India’s Clean Energy Future
As India targets 500 GW of renewable energy capacity by 2030, Waaree Energies is well-positioned to play a pivotal role in this transformation. The company’s sustained market leadership, combined with its expanding manufacturing capabilities and global reach, positions it as a cornerstone of India’s clean energy infrastructure. With the solar sector projected to add over 30 GW of new capacity in FY2026, Waaree’s continued focus on innovation, quality, and scale ensures it remains at the forefront of India’s renewable energy revolution.
