Waaree Energies Arm Signs Pact for 2.5 MW Green Hydrogen Project in UP

• Waaree Clean Energy Solutions signs "Electrolyzer-as-a-Service" (EaaS) agreement with ZFI.
• The pact is for a 2.5 MW electrolyzer project in Uttar Pradesh, supporting ZFI’s green hydrogen expansion.
• Companies also signed an MoU for 50 MW electrolyzer supply via EaaS route.
• Waaree Energies is discussing a greenfield battery manufacturing facility with state governments, including Andhra Pradesh, with an investment over ₹8,000 crore.
• The company reported strong Q3 earnings: net profit up 26% to ₹1,062 crore, revenue up 24.7% to ₹7,656 crore.