The global shift towards renewable energy is creating massive opportunities for Indian companies. Among them, Waaree Energies Limited has emerged as one of the biggest beneficiaries. Known for being the largest solar PV module manufacturer in India, Waaree Energies has built a strong reputation in the clean energy space.
For investors, the main question is: What can we expect from Waaree Energies in the next few years?
In this article, we will analyze the waaree energies share price target from 2025 to 2030, look at its growth drivers, industry outlook, and risks – giving you a clear picture of whether it’s a strong long-term investment.
Company Overview – Waaree Energies Limited
Founded in 1989, Waaree Energies started as a small electronics company and later shifted its focus to renewable energy. Today, it is India’s largest solar module manufacturer with a presence in solar PV modules, EPC services, rooftop solar, and project development.

Key Highlights of Waaree Energies:
- Production Capacity: Over 12 GW of solar PV module capacity in India.
- Global Presence: Exports to more than 20 countries.
- Market Position: One of the leaders in India’s solar equipment space.
- Government Support: Beneficiary of India’s renewable energy push under the “Atmanirbhar Bharat” and “Green Energy Mission.”
This strong foundation is one reason the waaree energies share price has become a hot topic among investors.
Current Performance of Waaree Energies Share Price
- Waaree Energies’ IPO and stock listing generated strong investor interest due to the booming solar sector.
- The company has seen consistent growth in revenue and capacity expansion.
- Demand for solar modules is expected to remain robust due to India’s renewable energy targets.
At present, the waaree energies share price reflects optimism about its future growth.
Growth Drivers for Waaree Energies Share Price
The long-term outlook for Waaree Energies looks positive due to several factors:
- Government Push for Renewable Energy
- India targets 500 GW of renewable energy by 2030, which directly benefits Waaree.
- Solar Module Demand
- Rising adoption of solar panels in households, industries, and commercial projects.
- Export Opportunities
- Global demand for low-cost, high-quality Indian solar modules.
- Technological Advancements
- Investments in high-efficiency solar cells and modules to remain competitive.
- Diversified Business Model
- Apart from modules, Waaree is expanding into EPC projects, rooftop solar, and energy storage solutions.
Waaree Energies Share Price Target 2025 to 2030
Now, let’s break down the year-by-year forecast for the waaree energies share price. These projections are based on growth trends, industry demand, and expansion plans.
🔹 Waaree Energies Share Price Target 2025
By 2025, Waaree Energies is expected to benefit from new manufacturing facilities and rising solar adoption in India. Strong government subsidies and projects will boost revenues.
- Target Range: ₹1,500 – ₹1,700
🔹 Waaree Energies Share Price Target 2026
In 2026, exports may contribute a larger share of revenue. With rising global demand for green energy, Waaree Energies could see improved margins.
- Target Range: ₹1,750 – ₹2,000
🔹 Waaree Energies Share Price Target 2027
By 2027, Waaree Energies may enter partnerships and joint ventures with global renewable players. New technologies like bifacial and perovskite solar panels may enhance its competitiveness.
- Target Range: ₹2,100 – ₹2,400
🔹 Waaree Energies Share Price Target 2028
In 2028, Waaree may strengthen its position as a global solar exporter. With economies of scale, its profitability could improve further.
- Target Range: ₹2,450 – ₹2,800
🔹 Waaree Energies Share Price Target 2029
By 2029, expansion into energy storage and hybrid solar solutions could unlock new revenue streams. Institutional investors may increase stake in the company, boosting valuations.
- Target Range: ₹2,900 – ₹3,200
🔹 Waaree Energies Share Price Target 2030
By 2030, Waaree Energies is expected to be among the top solar manufacturers in the world. India’s clean energy leadership will play a crucial role in pushing the company to new highs.
- Target Range: ₹3,300 – ₹3,800
Why Investors Are Excited About Waaree Energies
- India’s Renewable Energy Push – Direct beneficiary of government policies.
- Global Expansion – Strong export opportunities.
- Massive Growth Potential – Solar adoption is only in its early stages.
- Strong Manufacturing Base – High capacity ensures cost advantage.
- Innovation in Solar Tech – Continuous improvement in efficiency.
Risks That May Affect Waaree Energies Share Price
No stock is risk-free, and Waaree Energies has its share of challenges:
- Global Competition – Chinese solar manufacturers dominate the market.
- Policy Dependence – Heavy reliance on government incentives.
- Raw Material Prices – Volatility in silicon and other inputs can impact margins.
- Execution Risks – Delays in projects or capacity expansions may affect growth.
- Currency Fluctuations – Since exports are a major focus, forex risks are high.
Frequently Asked Questions (FAQ)
Q1. What is the current waaree energies share price?
Ans: It changes daily on NSE/BSE. Investors should check live market data for updates.
Q2. Is Waaree Energies a good long-term stock?
Ans: Yes. With strong industry growth and government support, Waaree Energies looks like a promising long-term investment.
Q3. What is the waaree energies share price target for 2025?
Ans: The target is between ₹1,500 – ₹1,700.
Q4. What is the waaree energies share price target for 2030?
Ans: By 2030, it could reach ₹3,300 – ₹3,800.
Q5. What are the biggest risks for Waaree Energies?
Ans: Policy changes, global competition, and raw material costs.
Conclusion
The waaree energies share price has strong potential due to India’s and the world’s growing focus on clean energy. With its leadership in solar module manufacturing, expansion into exports, and innovative technology adoption, Waaree is positioned as a future renewable giant.
- By 2025, share price target: ₹1,500 – ₹1,700
- By 2027, share price target: ₹2,100 – ₹2,400
- By 2030, share price target: ₹3,300 – ₹3,800
While risks like global competition and policy dependency remain, the long-term growth story of Waaree Energies is compelling. For investors looking for exposure to the renewable energy sector, this stock could be a strong addition to their portfolio.