Waaree Energies Ltd 2023 AR2
The report outlines Waaree Energies Limited's operational and financial performance for the fiscal year 2022-23, highlighting its growth to a solar module manufacturing capacity of 12 GW. The company achieved a consolidated revenue of ₹67,508.73 million, driven largely by a significant increase in exports. Key strategic initiatives include backward integration into solar cell manufacturing with a target of 5.4 GW capacity by 2024 and plans for a 2 GW manufacturing facility in the United States. Additionally, the company is strengthening its ESG framework by aligning with GRI standards and expanding into green hydrogen and electrolyzer production.
Company: Waaree Energies Ltd
Sector: Information Information Technology
Country: India
Year: 2023
Type: AR2
Pages: 292
Waaree Energies Ltd
Annual Report
The report outlines Waaree Energies Limited's operational and financial performance for the fiscal year 2022-23, highlighting its growth to a solar module manufacturing capacity of 12 GW. The company achieved a consolidated revenue of ₹67,508.73 million, driven largely by a significant increase in exports. Key strategic initiatives include backward integration into solar cell manufacturing with a target of 5.4 GW capacity by 2024 and plans for a 2 GW manufacturing facility in the United States. Additionally, the company is strengthening its ESG framework by aligning with GRI standards and expanding into green hydrogen and electrolyzer production.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees