Waaree Energies shares rally 3% after U.S. arm wins 540 MW solar module contract

Waaree Energies’ U.S. subsidiary has secured a 540 MW solar module contract from a leading American developer, with deliveries split between 2025 and 2027–2028. This deal follows two other major U.S. orders, reinforcing Waaree’s North American expansion plans. The company is also doubling its Texas capacity and holds an order book of 25 GW through 2027.

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