Waaree Energies witnessed a surge in its share price following the announcement of a new contract to supply solar modules to Khaba Renewable Energy, a subsidiary of Engie India. The order for 362.5 MWp of solar modules is expected to kick off in the fiscal year 2025-26, contributing to the company's growth prospects. Additionally, Waaree Clean Energy Solutions, a wholly owned subsidiary, secured a contract from the Solar Energy Corporation of India Limited (SECI) to establish a Green Hydrogen production facility in India as part of the SIGHT Scheme. This initiative aligns with the company's commitment to renewable energy and sustainability. Furthermore, Waaree Energies recently achieved a significant milestone by setting up a 1.40 GW solar cell manufacturing facility in Gujarat, further enhancing its production capacity and market presence. The company's financial performance has been stellar, with a notable four-fold increase in net profit, reaching Rs 492.7 crore in the December quarter. Revenue also surged by 116 percent, totaling Rs 3,457.28 crore in the same period, showcasing strong growth and operational efficiency. Overall, Waaree Energies is making significant strides in the renewable energy sector and positioning itself as a key player in the green energy transition.