Waaree Energies announced the incorporation of a new subsidiary, Waaree Renewable Energies Australia PTY Ltd, aimed at expanding its renewable energy business in Australia. The wholly owned subsidiary was established on December 6, 2024, according to a filing with the Bombay Stock Exchange (BSE). This move signifies Waaree’s commitment to growth in the renewable energy sector.
Waaree Energies on Friday said it has incorporated a new arm Waaree Renewable Energies Australia PTY Ltd, to focus on renewable energy business in Australia. The wholly owned subsidiary was incorporated on December 6, 2024, a BSE filing stated.
The company has incorporated a new wholly owned subsidiary in Australia by the name of Waaree Renewable Energies Australia PTY Ltd, as per the filing.
The subsidiary will focus on renewable energy business in Australia, it added.
