In Short : Waaree Energies has entered the transformer industry by acquiring a 64% share in Kotsons Private Ltd. Waaree’s influence in India’s power and infrastructure ecosystem is strengthened by this calculated move, which broadens its clean energy portfolio beyond solar manufacturing.
Encouraging Innovation and Strategic Growth
Waaree may now expand into the production of transformers, a vital part of grid infrastructure and the integration of renewable energy, thanks to the acquisition. Waaree intends to increase manufacturing capacity and improve its capacity to service both domestic and foreign markets by utilizing Kotsons’ experience.
Impact and Significance of Clean Energy
Transformers are essential for the deployment of renewable energy sources and effective power transmission. Waaree’s action supports India’s clean energy transition by enhancing the country’s capacity to incorporate massive solar, wind, and hybrid energy projects into the national grid.
About Waaree Energies
One of the biggest producers of solar modules in India, Waaree Energies is well-known for its rooftop solar solutions, EPC, and project development services. The company’s decision to enter the transformer market is consistent with its goal of developing into a comprehensive supplier of clean energy solutions.
