Waaree Energies Limited, the largest solar PV module manufacturer in India, drew attention as BlackRock Institutional Trust Company invested in the company, reflecting the increasing interest in green hydrogen production. The company's subsidiary, Waaree Clean Energy Solutions Private Limited, received a notification from the Solar Energy Corporation of India Limited to establish a 90,000MTPA Green Hydrogen production facility in India under the SIGHT Scheme. With a market capitalization of Rs. 69,436 Crores, Waaree Energies Limited's shares were trading positively following this announcement. Waaree Energies Limited has a broad product range, including solar modules, lithium-ion batteries, and Green Hydrogen Solutions, with a substantial orderbook value of 26.5 GW worth Rs. 50,000 Crores. The company has ambitious plans to increase its manufacturing capacities significantly by FY27, aiming for 21 GW of Module Manufacturing, 11.4 GW of Solar Cell manufacturing, and 6GW of Ingot. Moreover, the company's strategic investments in green energy align with the global shift towards sustainable practices. BlackRock's investment of ~Rs. 31.75 Crores in Waaree Energies Limited during its IPO further confirms the market's confidence in the company's potential in the renewable energy sector. The article serves as a reminder of the risks associated with equity investments and advises caution to investors, emphasizing the importance of consulting with financial advisors before making investment decisions.