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CA Sumit Mangla

12th Sep · SEBI Registration INH000028626

Waaree Incorporates Sunstar for Data Centre Push

WAAREERTL
has announced that its subsidiary Waaree Green Data Centers has incorporated a new unit, Sunstar Data Centers Private Limited. The entity has been set up to establish, develop, finance, construct, own, lease, operate and commercialise data centres in India and abroad. Sunstar Data Centers will focus on hyperscale and edge data centre infrastructure along with related cloud and digital services. The incorporation marks Waaree’s strategic foray into the fast-growing data centre segment, leveraging its renewable energy expertise to support green-powered facilities. The move aligns with rising demand for data centre capacity driven by AI, cloud computing and digitalisation. As a newly formed step-down subsidiary, Sunstar is yet to commence operations and is expected to contribute to Waaree’s diversification beyond pure solar solutions. **Top stocks in the renewable energy industry:** Waaree Energies, Premier Energies, and Suzlon Energy.

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