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Waaree Energies
4.0
based on 634 Reviews
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Company Overview
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Working at Waaree Energies
Company Summary
Waaree Energies Ltd. is India's one of the largest Solar Manufacturers. They supply premium quality solar systems like solar panels, inverters, batteries, and water pumps
Overall Rating
4.0/5
based on 634 reviews
3% above
industry average
Highly rated for
Salary, Job security, Work-life balance
Work Policy
Work from office
71% employees reported
Monday to Saturday
49% employees reported
Flexible timing
51% employees reported
No travel
53% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
30 employees reported
Health insurance
26 employees reported
Office cab/shuttle
18 employees reported
Cafeteria
13 employees reported
View all benefits
About Waaree Energies
Founded in1989 (36 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersMumbai,Maharashtra, India
Office Locations
--
Websitewaaree.com
Primary Industry
Other Industries
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Waaree Energies Ltd.is India's largest vertically integrated solar energy solution company.
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Waaree Energies Ratings
based on 634 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
270
4
171
3
77
2
30
1
86
Category Ratings
3.9
Salary
3.8
Job security
3.8
Work-life balance
3.8
Skill development
3.7
Company culture
3.7
Promotions
3.7
Work satisfaction
Waaree Energies is rated 4.0 out of 5 stars on AmbitionBox, based on 634 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Waaree Energies
based on 619 reviews
2.7
Rated by 28 Women
Rated 2.9 for Job security and 2.8 for Skill development
4.0
Rated by 591 Men
Rated 3.9 for Salary and 3.9 for Job security
Work Policy at Waaree Energies
based on 130 reviews in last 6 months
Work from office
71%
Hybrid
19%
Permanent work from home
10%
Waaree Energies Reviews
Top mentions in Waaree Energies Reviews
+ 5 more
Compare Waaree Energies with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 634 reviews | 3.9/5 based on 2.2k reviews | 4.0/5 based on 1.3k reviews | 4.2/5 based on 1.3k reviews |
Highly Rated for | Salary Skill development Work-life balance | Job security Skill development Salary | Skill development Salary Job security | Job security Skill development Work-life balance |
Critically Rated for |  No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 71% employees reported | Work from office 78% employees reported | Work from office 73% employees reported | Work from office 71% employees reported |
Rating by Women Employees | 2.7 Poor rated by 28 women | 3.7 Good rated by 38 women | 4.2 Good rated by 8 women | 3.8 Good rated by 100 women |
Rating by Men Employees | 4.0 Good rated by 591 men | 3.9 Good rated by 2k men | 4.0 Good rated by 1.3k men | 4.3 Good rated by 1.2k men |
Job security | 3.8 Good | 3.9 Good | 4.0 Good | 4.2 Good |
View more
Waaree Energies Salaries
Waaree Energies salaries have received with an average score of 3.9 out of 5 by 634 employees.
Senior Engineer
(133 salaries)
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₹4 L/yr - ₹8.5 L/yr
Quality Engineer
(127 salaries)
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₹1.5 L/yr - ₹4.2 L/yr
Production Engineer
(107 salaries)
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₹2 L/yr - ₹5.2 L/yr
Maintenance Engineer
(76 salaries)
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₹1.9 L/yr - ₹4.8 L/yr
Deputy Manager
(70 salaries)
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₹9.4 L/yr - ₹16 L/yr
Senior Production Engineer
(41 salaries)
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₹4.3 L/yr - ₹7.5 L/yr
Senior Quality Engineer
(34 salaries)
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₹3.8 L/yr - ₹7.7 L/yr
Junior Engineer
(32 salaries)
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₹2 L/yr - ₹3.8 L/yr
Franchise Manager
(28 salaries)
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₹4.7 L/yr - ₹8.5 L/yr
Quality Inspector
(25 salaries)
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₹1.1 L/yr - ₹2.5 L/yr
Waaree Energies Interview Questions
A Senior Engineer was asked Q. What is TPS?
A Graduate Engineer was asked 8mo agoQ. What is a transformer?
An Assistant Manager was asked Q. What are the 7 QC Tools?
A Senior Civil Engineer was asked 9mo agoQ. What are JSA and HIRA?
A Software Engineer was asked 3mo agoQ. What is lookup? What purpose are using?
Waaree Energies Jobs
Popular Designations Waaree Energies Hires for
Popular Skills Waaree Energies Hires for
Current Openings
Waaree Energies News
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Waaree Energies shares cool off after yesterday’s rally after new US contract win
- Waaree Solar Americas, a subsidiary of Waaree Energies, secured a US contract for 540 MW with phased delivery up to 2028.
- The company witnessed profit booking the day after a surge in its shares following the contract win, trading in a volatile range on Tuesday.
- Waaree Energies has been successful in securing several US orders recently and plans to enhance its manufacturing capacity in Texas.
- The stock showed heavy selling pressure on Tuesday with trading volume reaching 24.57 lakh shares worth ₹771.30 crore.
HinduBusinessLine | 1 Jul, 2025
Waaree Energies shares drop 1.39% after strategic manufacturing realignment announcement
- Waaree Energies shares dropped by 1.39% after announcing a strategic manufacturing realignment led by CEO Dr Amit Paithankar to accelerate project momentum and optimize resource utilization aligning with IPO objectives.
- The decision forms part of the company's operational strategy to ensure timely execution of manufacturing expansion plans, emphasizing construction activities at the Odisha facility continue with awarded contracts progressing as scheduled.
- Waaree Energies clarified it maintains its commitment to Odisha, viewing the state as strategically vital for long-term business operations, expressing thanks for the government's support and pursuing collaboration opportunities.
- The realignment aims to enhance operational flexibility while preparing for sustainable growth, sparking investor caution as the stock traded below opening levels in Monday's session.
- The announcement was made by the CEO and Whole-time Director Dr Amit Paithankar through a board resolution on Sunday.
- Published on June 23, 2025.
HinduBusinessLine | 23 Jun, 2025
Indosolar to take new avatar as WaareeIndo in relisting
- Indosolar was acquired by Waaree Energies through insolvency proceedings, resulting in a net profit of ₹55 crore in FY 2025.
- The paid-up share capital of Indosolar will be reduced significantly as part of the Resolution Plan approved by NCLT.
- All equity shares held by Existing Promoters/Promoter Group will be extinguished without any payment to them.
- Indosolar's stock closed at ₹3.22 on the BSE on June 24, 2022.
- To meet public shareholding norms, Waaree Energies sold 1.15% stake in Indosolar through an Offer for Sale (OFS) on June 5, 2025.
- The floor price for the OFS was fixed at ₹10 per share.
HinduBusinessLine | 19 Jun, 2025
MSCI rejig: Swiggy, Mazagon Dock, Hitachi Energy & Waaree Energies likely to be added in August 2025 rebalancing
- MSCI Inc. is set to rejig its index, with Swiggy likely to be added with high probability.
- Mazagon Dock Shipbuilders, Hitachi Energy India, and Waaree Energies have medium to low chances of inclusion.
- The changes are scheduled to take effect on August 27, 2025.
- Swiggy could witness an inflow of $385 million with an estimated impact on around 93.8 million shares and a potential 12.7% price change in one month.
- Mazagon Dock Shipbuilders might attract $187 million in investments affecting 4.8 million shares, foreseeing a 14.4% price change in a month.
- Hitachi Energy India, with a medium probability, could receive $165 million, impacting 0.8 million shares, and potentially experiencing a significant 18.9% change in a month.
- Waaree Energies, with lesser chances, might get approximately $132 million inflow, influencing 3.9 million shares, and could see a 10.9% increase in one month.
- Analyst Abhishek B Kumar from JM Financial offered insights into the potential index additions and expected market movements.
- The report suggests specific inflow amounts, share impacts, and price change projections for the respective companies.
- The article was published on June 16, 2025.
HinduBusinessLine | 16 Jun, 2025
Waaree Energies Hopes For Minimal US Tariff Restrictions For 'Win-Win' Situation
- Waaree Energies, a leading solar panel producer, hopes for minimal tariff restrictions in the proposed India-US trade deal for a 'win-win' situation.
- The CEO of Waaree Energies, Dr. Amit Paithankar, believes that minimal tariffs on both sides would benefit the solar industry in India and the US.
- He mentioned that having access to polysilicon from US manufacturers would be advantageous for both countries.
- Waaree Energies has secured 1.2 GW of orders from the US in the first quarter of FY26, indicating a strong market demand.
- The US is projected to see a 25% increase in electricity demand from 2025 to 2030, driven by factors like AI, data centers, and electrification.
- Dr. Paithankar highlighted the importance of solar and battery energy storage as key solutions for meeting the rising electricity needs.
- India is actively discussing a bilateral trade agreement with the US, expected to be finalized before fall 2025.
- Shares of Waaree Energies Ltd. were trading slightly lower on Thursday amidst the ongoing developments in the industry.
Bloomberg Quint | 13 Jun, 2025
Stock Market Live: GIFT Nifty Implies Higher Open; HAL, Waaree Energies, Honasa Consumer In Focus
- GIFT Nifty was trading higher at 24,744 as of 6:34 a.m.
- Nifty 50 may find support at 24,550–24,600 with resistance at 25,000.
- Oil prices extended losses due to expectations of OPEC+ increasing production.
- US markets had a mixed close as weak economic data fueled expectations of a rate cut.
Bloomberg Quint | 5 Jun, 2025
Waaree Energies captures 17.3% market share in Q1 2025 solar module shipments
- Waaree Energies captured a 17.3% market share in Q1 2025 solar module shipments.
- India's solar sector exhibited significant growth in Q1 2025 by adding 5.93 GW of utility-scale capacity and 1.34 GW of rooftop installations.
- Waaree's export shipments doubled compared to the previous quarter, expanding its presence in over 25 countries.
- JMK Research projects India to add over 30 GW of new solar capacity in FY2026, aiding in achieving the nation's target of 500 GW renewable energy by 2030.
HinduBusinessLine | 28 May, 2025
Waaree Energies, Premier Energies Shares Fall Sharply After Trump Tax Bill Clears US House
- Shares of Waaree Energies and Premier Energies fell sharply following the US House of Representatives' approval of President Trump's tax proposal.
- Concerns arose due to the proposed phase-out of clean energy incentives, including tax credits for solar energy installations, which could impact the global clean energy sector.
- Waaree Energies, heavily reliant on the US market, might face challenges as the tax bill threatens to reduce support for solar installations.
- Premier Energies, with limited exports, could also be affected by policy uncertainty, despite a smaller short-term impact compared to Waaree Energies.
Bloomberg Quint | 23 May, 2025
Waaree Energies Gets Board Nod To Acquire Kamath Transformers For Rs 293 Crore
- Waaree Energies' board has approved the acquisition of Kamath Transformers Pvt. Ltd for approximately Rs 293 crore.
- The acquisition is part of Waaree Energies' business expansion activity in the manufacturing transformers sector.
- Additionally, the board has given the green light for the acquisition of Green New Delhi Forever Energy Pvt. Ltd. by Waaree Forever Energies Pvt. Ltd., a subsidiary of Waaree Energies.
- Waaree Energies plans to complete both acquisitions in FY26 with all-cash consideration.
Bloomberg Quint | 20 May, 2025
CLSA sells 1.2% stake in Edelweiss for ₹100 crore
- CLSA, through its affiliate, sold 1.2% stake in Edelweiss Financial Services for ₹100 crore.
- After the transaction, CLSA's holding in Edelweiss decreased to 4.54% from 5.74%.
- US-based Miri Capital Management acquired 1.16% stake in Edelweiss Financial Services for ₹98 crore through the Miri Strategic Emerging Markets Fund LP.
- In another deal on the NSE, Citigroup bought shares of Max Healthcare Institute, InfoEdge, and Waaree Energies for a total of ₹78 crore.
HinduBusinessLine | 15 May, 2025
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Waaree Energies FAQs
When was Waaree Energies founded?
Waaree Energies was founded in 1989. The company has been operating for 36 years primarily in the Power sector.
Where is the Waaree Energies headquarters located?
Waaree Energies is headquartered in Mumbai,Maharashtra.
How many employees does Waaree Energies have in India?
Waaree Energies currently has more than 2,500+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Waaree Energies based on the number of reviews submitted on AmbitionBox.
Does Waaree Energies have good work-life balance?
Waaree Energies has a Work-Life Balance Rating of 3.8 out of 5 based on 600+ employee reviews on AmbitionBox. 70% employees rated Waaree Energies 4 or above, while 30% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Waaree Energies work-life balance reviews for more details.
Is Waaree Energies good for career growth?
Career growth at Waaree Energies is rated fairly well, with a promotions and appraisal rating of 3.7. 70% employees rated Waaree Energies 4 or above, while 30% employees rated it 3 or below on promotions / appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Waaree Energies promotions / appraisals reviews for more detailed insights.
What are the pros and cons of working in Waaree Energies?
Working at Waaree Energies comes with several advantages and disadvantages. It is highly rated for salary & benefits, job security and skill development. However, it is poorly rated for work satisfaction, promotions / appraisal and company culture, based on 600+ employee reviews on AmbitionBox.
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