Made in India, Powering the World: Waaree Retains No.1 Solar Module Spot in Apr-Jun 2025 quarter

Mumbai, August 29, 2025: Waaree Energies Limited, India’s leading clean energy transition company, has once again topped the charts as the No. 1 solar module supplier in India, capturing 14% market share in H1 FY2025, according to the latest JMK Research & Analytics Q2 2025 Solar Report. This achievement cements Waaree’s position at the forefront of India’s renewable energy expansion and underscores its pivotal role in driving the nation’s energy independence.

The April–June 2025 quarter saw India add 4.2 GW of new utility-scale solar capacity and 1.3 GW of rooftop installations, pushing the country’s cumulative solar capacity to 91 GW. With another 70+ GW of projects under development, India is firmly on track to meet its ambitious 500 GW renewable energy target by 2030.

“This recognition by JMK Research reaffirms Waaree’s leadership at a time when India’s renewable ambitions are accelerating,” said Dr. Amit Paithankar, Whole-time Director & CEO, Waaree Energies Limited. “Our success is not just about shipment volumes-it reflects our commitment to quality, innovation, and building India’s solar self-reliance. Every module manufactured at Waaree is a step toward powering a sustainable, energy-independent India.”

“Our leadership position reflects Waaree’s focus on quality, innovation, and a customer-first approach,” said Dr. Amit Paithankar, Whole-time Director & CEO, Waaree Energies Limited. “Maintaining the No.1 spot is not just about numbers- it is about consistently delivering reliable solutions that empower our partners and customers, while powering India’s journey towards energy independence and sustainability.”

India’s Solar Manufacturing Powerhouse

With a global module manufacturing capacity of ~16.7 GW and domestic cell manufacturing capacity of 5.4GW, with rapid expansion plans underway, Waaree continues to lead India’s solar manufacturing renaissance under the “Atmanirbhar Bharat” vision. The company’s state-of-the-art facilities produce high-efficiency modules and cells that meet both domestic and international demand, ensuring India’s clean energy transition is backed by home-grown technology and global reliability.

Waaree’s leadership is also reinforced by its diversified global footprint, with major international orders- including 452 MW in the U.S.A – demonstrating how Indian solar manufacturing is now a trusted pillar of global renewable supply chains.

Looking Ahead: Scaling for India’s 2030 Goals

With India projected to add over 30 GW of solar capacity in FY2026, Waaree is well-positioned to scale alongside the sector’s explosive growth. Its continued investments in advanced technologies, robust quality systems, and market expansion ensure Waaree remains the partner of choice for developers, EPCs, and utilities worldwide.

About Waaree Energies Limited:

Founded in 1990, Waaree Energies Limited is India’s leading renewable energy company, driving the global transition to clean power. Headquartered in Mumbai, Waaree operates advanced manufacturing facilities with a total solar PV module capacity of ~16.7 GW worldwide (including 1.3 GW from Indosolar and 1.6 GW in Texas, USA) and a solar cell capacity of up to 5.4 GW. With a strong footprint across India and over 25 countries, Waaree offers a comprehensive portfolio spanning solar panels & inverters manufacturing, EPC services, green hydrogen solutions, battery energy storage systems, green energy infrastructure, and data centres. Committed to sustainability and innovation, Waaree delivers cutting-edge, cost-effective solutions to power a greener future.