Waaree Energies Soars 6% on F&O Entry, $30M United Solar Investment

• Waaree Energies shares surged 6% following its inclusion in the F&O segment and a $30 million strategic investment.
• The company's US subsidiary, Waaree Solar Americas Inc, invested in United Solar Holding Inc to secure the solar supply chain.
• United Solar, backed by Oman Investment Authority, produces high-purity polysilicon, a key solar component, from its Oman facility.
• The $30 million investment will support the completion of United Solar's Oman facility, capable of 100,000 metric tons of polysilicon annually.
• This move strengthens Waaree's long-term polysilicon supply, supporting its global manufacturing expansion and India-Oman collaboration.

Why It Matters: Waaree Energies gains from F&O inclusion and a strategic $30M investment in United Solar for supply chain.