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Monday, December 22, 2025 11:49 GMT
Waaree Solar Americas has signed a binding term sheet to invest US$30 million in Oman-based United Solar Holding (United Solar) through Series B preferred shares, alongside a long-term polysilicon offtake agreement to support Waaree’s global solar manufacturing operations, and in particular US operations. The transaction is expected to close on or about January 31, 2026, subject to the satisfaction of customary closing conditions. Waaree’s investment will support completion of United Solar’s...More