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Waaree Energies Acquires Majority Stake in Kotsons to Expand Transformer Manufacturing Capacity

Waaree Energies Acquires Majority Stake in Kotsons to Expand Transformer Manufacturing Capacity

The acquisition comes amid projections of 8-10 per cent CAGR for India’s transformer market, driven by rising demand from emerging sectors such as green hydrogen, EV charging infrastructure, data centres, 5G rollout and railway electrification. Waaree Energies Ltd, India’s largest solar module manufacturer, has acquired a 64 per cent equity stake in Kotsons Pvt. Ltd...

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Mission Solar

Mission Solar

India´s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.