Waaree Approves ₹8,175 Cr. Clean Energy Expansion

Waaree Energies’ board has approved a capital expenditure plan of ₹8,175 crore to scale up manufacturing capacities across three of its clean energy subsidiaries, as part of its strategic push into high-growth segments of the energy transition.

The bulk of the investment—₹8,000 crore—will go to Waaree Energy Storage Solutions to expand its lithium-ion advanced chemistry cell and battery energy storage systems (BESS) capacity from 3.5 GWh to 20 GWh.

Under Waaree Clean Energy Solutions, the company will invest ₹125 crore to increase electrolyser manufacturing capacity from 300 MW to 1,000 MW, supporting the green hydrogen ecosystem.

Additionally, Waaree Power will receive ₹50 crore to expand its inverter manufacturing capacity from 3 GW to 4 GW.

These expansions aim to enhance Waaree’s clean energy manufacturing footprint to meet rising demand across both domestic and global markets, reinforcing its position in India’s rapidly evolving renewable energy sector.

News by Rahul Yelligetti.