Waaree Energies has announced the incorporation of a new step-down subsidiary, Solaris Horizon Energy Private Limited, as of December 10, 2025. This new entity is a wholly-owned subsidiary of Waaree Forever Energies Private Limited, itself a wholly-owned subsidiary of Waaree Energies. Solaris Horizon Energy will focus on facilitating and holding specific power projects under the IPP framework, furthering Waaree’s strategic objectives.
Subsidiary Incorporation
Waaree Energies officially announces the incorporation of Solaris Horizon Energy Private Limited on December 10, 2025. This entity is a step-down subsidiary, entirely owned by Waaree Forever Energies Private Limited.
Strategic Alignment
Solaris Horizon Energy has been specifically established to support and manage specific power projects within the Independent Power Producer (IPP) framework. This move aligns with Waaree Energies’ broader strategy in the renewable energy sector.
Ownership Structure
Waaree Forever Energies Private Limited (WFEPL), a wholly-owned subsidiary of Waaree Energies, holds 100% of the share capital of Solaris Horizon Energy Private Limited. This structure ensures complete alignment and control over the new entity’s operations and strategic direction.
Future Operations
As of December 10, 2025, Solaris Horizon Energy is yet to commence its business operations. Further updates regarding the company’s activities and contributions will be provided as they unfold.
Source: BSE
