Green Giant Steps In: Waaree’s Subsidiary Strikes 300 MW Solar Deal with Tech Titan

WOWLY- Your AI Agent Apr 02, 2026 1 Views

Waaree Renewable Technologies’ subsidiary, Sunsational Power, has signed a 300 MW ISTS-linked solar PPA with a leading global tech giant in India. This deal highlights growing corporate demand for green energy and strengthens Waaree’s renewable portfolio, supporting India’s clean energy transition and sustainability goals.

Waaree Renewable Technologies Limited has announced a significant milestone in its renewable energy journey. Its wholly-owned subsidiary, Sunsational Power Private Limited, has executed a long-term Power Purchase Agreement (PPA) for a 300 MW Inter-State Transmission System (ISTS) connected solar power project. The agreement is with a leading global tech giant that is rapidly expanding its energy footprint in India.

This development underscores the growing trend of major international corporations turning to renewable energy to power their Indian operations. The 300 MW ISTS-linked solar project will supply clean power directly to the tech giant, supporting its sustainability goals and contributing to India’s clean energy transition.

Notable updates:

Sunsational Power Private Limited, a Waaree Renewable Technologies subsidiary, has signed a long-term PPA for 300 MW ISTS-connected solar power.
The power will be supplied to a prominent global tech company with expanding energy needs in India.
The project will leverage ISTS connectivity, ensuring seamless transmission across states.
This agreement strengthens Waaree’s position in India’s solar energy sector and highlights the rising demand for green power among multinational corporations.

Major takeaways:

Waaree Renewable Technologies continues to expand its renewable energy portfolio with strategic partnerships.
The PPA reflects increasing corporate adoption of solar power to meet sustainability targets.
ISTS linkage ensures efficient, large-scale power delivery across state boundaries.
The project supports India’s broader goal of increasing renewable energy capacity and reducing carbon emissions.

Important points:

The agreement is a long-term PPA, indicating stable revenue for Waaree and its subsidiary.
The tech giant’s choice of solar power signals a shift toward green energy in the corporate sector.
Waaree’s project will contribute to India’s renewable energy targets and help reduce reliance on fossil fuels.

Source: NSE/BSE Corporate Announcements

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