The shares of Waaree Energies Ltd ended on the NSE today at ₹3,214.50 down by ₹71.70 or 2.18 per cent.
Waaree Group announced on Wednesday that it has secured a 10 MWh battery energy storage systems order from an infrastructure development company for deployment in Tamil Nadu. The order strengthens the renewable energy firm’s position in India’s growing energy storage sector.
The Mumbai-headquartered company has been expanding its battery manufacturing capabilities with a 4 GWh cell production line and a 5 GWh pack-and-container facility designed for utility-scale and commercial applications. These facilities enable Waaree to deliver domestically manufactured storage solutions.
Ankit Doshi, President-Strategy at Waaree Group, said the order validates the company’s integrated capabilities in enabling India’s clean energy transition. He emphasised that storage represents the next frontier for renewable power as the nation scales up variable solar and wind generation.
Tamil Nadu has emerged a key market for energy storage, with over 20 GW of installed wind and solar capacity. The State recently issued a 1.5 GWh standalone battery storage tender, signaling accelerating deployment demand. Battery storage systems help manage the intermittent nature of renewable energy and support grid stability.
Founded in 1990, Waaree Energies operates solar module manufacturing facilities with 16.7 GW capacity worldwide and offers services spanning solar manufacturing, EPC, green hydrogen and battery storage systems.
Published on November 27, 2025
