Waaree Energies plans to become a comprehensive energy solution provider in three years

Waaree Energies is expanding its operations to become a comprehensive energy solution company within three years. The firm is investing in renewable technologies, battery production, and hydrogen initiatives to meet rising solar energy demand and enhance its market position. Previously focused on solar panel manufacturing, Waaree is now integrating backward by producing solar cells and expanding its product range. The company aims to diversify its offerings and geographical reach, responding to shifts in customer demand for energy storage and hydrogen solutions. With plans for a new electrolyser factory and increased production capacity, Waaree is preparing for significant growth. The company expects to enhance its margins and meet the needs of both domestic and international markets, particularly in the U.S.