India’s largest solar module manufacturer, Waaree Energies, has taken a significant strategic step by securing new funding to advance the development of a 20 GWh energy storage manufacturing facility. The move underlines Waaree’s ambition to evolve from a solar-focused manufacturer into a fully integrated clean energy and storage solutions provider.

India’s clean energy transition continues to accelerate as Axis Energy announced plans to invest in 5 GW of renewable energy capacity in the eastern Indian state of Odisha. The large-scale programme reflects both growing investor confidence in India’s power market and the country’s strategic push toward diversified, grid-ready renewable generation.