New Delhi: Mumbai-based solar PV manufacturer Waaree Energies today announced it is aiming at raising its revenue from rooftop solar business to Rs 400 crore by the end of next financial year 2019-20.

The company did not disclose the projection for total revenue by March 2020 but said it plans to add 100 MW to its overall capacity next fiscal.

“Waaree Energies is an evolving company, and we are constantly looking for new opportunities to explore and enhance our capabilities. Being present as both CAPEX and OPEX has helped us add value towards a company’s transition to sustainable energy sources, irrespective of their area of operation or stakeholders,” said Sunil Rathi, director, Waaree Energies.

The solar panel manufacturer and EPC player also provides operation, maintenance services and solar storage solutions.