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Waaree Renewable Q1 Highlights New Solar, Battery EPC Wins, Expanding Project Pipeline

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India-based Waaree Renewable Technologies reported Q1 2027 earnings Wednesday, highlighting new project wins and a growing execution pipeline.

The company secured a 450-megawatt-peak ground-mounted solar engineering, procurement and construction contract and a 1,520 megawatt-hour battery energy storage system Engineering, procurement and Construction order during the quarter, strengthening its renewable energy pipeline.

The company continued executing several large utility-scale projects, including 2,012 MW-peak in Rajasthan, 1,000 MW-peak in Maharashtra and 980 MW-peak in Andhra Pradesh.

Waaree has 2,425 MW-peak of solar EPC projects under execution after completing 5.89 gigawatt-peak of solar projects. It has also commissioned 59.26 MW-peak of rooftop solar projects and 2.29 MW-peak of floating solar capacity, the company said.

The company is also executing transmission and distribution projects spanning 400-kilovolt networks in Madhya Pradesh, Odisha and Uttar Pradesh, along with a 765-kV project in Maharashtra, expanding its presence beyond solar EPC.

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